Stock futures steady after consumer data, China hints at easing

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.

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