Aug 15 (Reuters) - U.S. stock index futures extended
gains on Thursday as retail sales data for July indicated
resilient consumer spending, allaying fears of an imminent
recession in the world's biggest economy.
A Commerce Department report showed retail sales rose 1% in
July, compared with 0.3 growth expected by economists polled by
Reuters.
Separately, a Labor Department report showed the number of
Americans filing new applications for unemployment benefits came
in at 227,000 for the week ended Aug. 10, compared with an
estimate of 235,000.
At 8:30 a.m. ET, Dow E-minis were up 249 points, or
0.62%, S&P 500 E-minis were up 30.75 points, or 0.56%
and Nasdaq 100 E-minis were up 124.5 points, or 0.65%.