U.S. data tempers growth hopes, stock gains pared

LONDON (Reuters) - A sharp rise in new orders for U.S. manufactured goods in November was offset by weak personal income growth to temper the growth hopes for the giant American economy that had boosted European stocks and supported the euro on Friday. U.S. stock index futures pared gains on Friday after the mixed data but in the holiday-thinned markets any market moves are likely to prove short-lived with concerns about the euro zone debt crisis undiminished. U.S. durable goods orders jumped 3.8 percent in November after being flat in October, the Commerce Department said. ...