7:30 EDT -- Despite more signs of growth slowing in China, US stock futures lean positive premarket, though not enough to suggest great conviction behind another move higher. Stocks in Europe currently lower which could make it tough for US equities to get early upside traction once trading begins. Plenty of economic data this week, including gauges on home prices, new home sales along with pending sales, durable goods orders, another look at 4Q GDP and a couple readings on consumer confidence. Chicago Fed's National Activity index set for 8:30am ET. S&P futures up 4.25; 10-yr note lower, yield at 2.77%. (john.shipman@wsj.com)

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