US futures waver in light trading

NEW YORK (AP) — U.S. stock futures are mixed in light trading with investors holding back before the Federal Reserve reveals its stance on the economy.

Markets have swung wildly for weeks leading up to the two-day meeting, which ends Wednesday.

Dow Jones industrial futures are down 14 points to 15,230. The broader S&P futures have fallen less than a point to 1,644.40. Nasdaq futures are up 2.75 points to 2,991.25.

Economic indicators are painting an image of an economy on the mend, though still fragile.

It’s been uncertainty about how the Fed reads those signals, and whether it will maintain its aggressive economic stimulus efforts.

If the answer is no, the question then becomes how fast it will dismantle a massive bond-buying program that has kept markets flush with cash, and interest rates low.

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s