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Stock futures buoyed by Fed stimulus hopes Hewle

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Post# of 102774
Posted On: 08/23/2012 7:14:09 AM
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Posted By: ruliquid

Stock futures buoyed by Fed stimulus hopes
Hewlett-Packard shares fall 5% in Frankfurt trade after results

FRANKFURT (MarketWatch) — U.S. stock-index futures held modest gains Thursday, buoyed by growing expectations that the Federal Reserve will soon unleash another round of monetary stimulus but capped by worries about the global-growth outlook after a round of weak purchasing-managers indexes from China and the euro zone.

Futures on the Dow Jones Industrial Average (CBOT JU2) rose 34 points, or 0.3%, to 13,190.

S&P 500 Index futures (GLC:SPU2) advanced 3.6 points to 1,415.90, while Nasdaq 100 futures (CME:NDU2) gained 6.75 points to 2,788.

U.S. stocks recouped from lows to end near unchanged Wednesday, after minutes of the July 31-Aug. 1 meeting of the Fed’s rate-setting Federal Open Market Committee showed members discussed a third round of quantitative easing

http://www.marketwatch.com/story/stock-future...2012-08-23



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