NEW YORK (Reuters) - Stock index futures jumped on Wednesday after an unexpected rise in January retail sales data eased concerns about the health of the U.S. consumer.
S&P 500 futures rose 11.30 points, above fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.
Dow Jones industrial average futures rose 64 points. Nasdaq 100 futures rose 17.50 points.
(Reporting by Kristina Cooke; Editing by Kenneth Barry)
