Stock futures steady after consumer data, China hints at easing

|By:, SA News Editor

Stock futures are holding on to modest gains after data showed personal income and spending data increased mostly in line with expectations; S&P and Dow +0.2%, Nasdaq +0.3%.

The major European bourses are up and Asian markets ended mostly higher, lifted by expectations of monetary policy easing in China.

Treasurys are little changed, with the benchmark 10-year yield at 2.69%.

Still ahead: consumer sentiment.