NEW YORK — Stock futures are mixed in very light trading with most investors in a holding pattern ahead of a statement from the U.S. Federal Reserve.
US stock futures essentially flat in light trading with attention on the Fed
July 31, 2013 at 12:00PM
Dow Jones industrial futures are down 10 points to 15,483. S&P futures are up less than a point at 1,684.90. Nasdaq futures are up 2 points to 3,087.50.
There's very little expectation that Fed Chairman Ben Bernanke will signal any change Wednesday in monetary policies that have kept U.S. interest rates at historic lows.
But as his statement last month proved, U.S. markets are easily spooked right now. Investors fled the market after Bernanke suggested that the Fed might slow its bond purchases later this year if the economy had improved.
The Fed will release at statement at 2:15 p.m. Eastern.
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While the focus was on Vice President Kamala Harris in their first media interview of the presidential campaign, Walz was asked if voters could take him at his word.
