The index stock futures remained higher after government data showed the economy grew less than estimates and job claims also raising more than forecasts. Futures on S&P 500 added 0.4% to 1653.7 .
GDP of US raised by 2.4% disappointing expectations of 2.5% increase. Job claims climbed by 14 000 comparing to previous period exceeding estimates.
Growth held back as government spending decreased and businesses stocked their shelves in a slower pace. In addition, higher gas prices leave consumers with less amount of funds to spend on other things. Consumer spending accounts of more than two thirds of US economic activity.
Indexes are recording gains as Dow Jones Industrial Average futures point a raise of 0.3%, S&P 500 futures are supposed to climb even further to 0.4% and Nasdaq index futures signaled 0.25% surge.
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