Stock Futures Flat Ahead of Fed Decision:
NEW YORK (TheStreet) -- U.S. stock futures were trading sideways Wednesday as the markets stood by for the outcome of the latest Federal Reserve meeting.
Futures for the Dow Jones Industrial Average were down by 2 points, or 3.3 points below fair value, at 12,760. Futures for the S&P 500 were down 0.6 points, or 1.4 points below fair value, at 1350, and futures for the Nasdaq 100 were up 3.3 points, or 0.8 points above fair value, at 2616.
The major U.S. equity indices finished sharply higher on Tuesday, with the S&P 500 soaring to a one-month high, as risk-tolerant investors bet that additional fiscal stimulus is forthcoming from the Fed.
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Click to view a price quote on ^DJI.
NEW YORK (TheStreet) -- U.S. stock futures were trading sideways Wednesday as the markets stood by for the outcome of the latest Federal Reserve meeting.
Futures for the Dow Jones Industrial Average were down by 2 points, or 3.3 points below fair value, at 12,760. Futures for the S&P 500 were down 0.6 points, or 1.4 points below fair value, at 1350, and futures for the Nasdaq 100 were up 3.3 points, or 0.8 points above fair value, at 2616.
The major U.S. equity indices finished sharply higher on Tuesday, with the S&P 500 soaring to a one-month high, as risk-tolerant investors bet that additional fiscal stimulus is forthcoming from the Fed.
...
Click to view a price quote on ^DJI.
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