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The Hunt for the Next 10 Bagge..
Posted On: 10/29/2013 8:38:36 AM
Post# of 103028
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Posted By: ruliquid

US futures trade cautiously ahead of Fed meeting
U.S. stock index futures signaled a narrowly higher open on Wall Street on Tuesday, with investors cautious ahead of the start of the two-day Federal Reserve policy meeting.


“A patch of weaker U.S. data poses something of an equity navigational challenge as Fed ‘taper’ expectations creep further into the future, extending the cheaper-U.S.-dollar lifeline for structurally weaker economies most particularly among the [emerging markets],” said Michael Kurtz, global head of equity strategy at Nomura, in a research note. http://www.cnbc.com/id/101150852


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