"08:35 ET Dow , Nasdaq , S&P : [BRIEFING.COM] S&P futures vs fair value: +7.40. Nasdaq futures vs fair value: +7.50. Stock futures have maintained modest strength in the wake of a mixed personal income and spending report. Personal income during December climbed 0.4%, which is a slightly sharper increase than the 0.3% hike that many had expected. It does mark a pullback from the upwardly revised 0.5% increase that was registered in November. As for spending during December, it increased 0.2%. That fell a bit short of the consensus, which called for an increase of 0.3%. It also came as a downturn from the upwardly revised 0.7% increase that was registered in November. Core personal consumption expenditures increased just 0.1% month-over-month, but that was in step with expectations. However, it did mark a pick up from the flat reading in November. Still to come, the ISM Manufacturing Survey for January and construction spending numbers for December will be released at 10:00 AM ET."
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