Tags: US | Wall | Street

Stock Futures Dip Amid Questions About Fed Plan

Wednesday, 27 Oct 2010 07:15 AM

Stock futures are sliding as investors question whether the Federal Reserve's expected plan to buy Treasury bonds might be as big as previously anticipated.

Many traders had been predicting the Fed would buy between $500 billion and $1 trillion in Treasurys to drive interest rates lower and boost lending and spending. A report Wednesday says the Fed's bond purchases might be smaller.

Treasury prices are falling, driving interest rates higher.

Ahead of the opening bell, Dow Jones industrial average futures are down 34, or 0.3 percent, at 11,090. S&P 500 futures are down 5, or 0.4 percent, at 1,178, while Nasdaq 100 futures are down 6, or 0.3 percent, at 2,110.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
Headline
Stock futures are sliding as investors question whether the Federal Reserve's expected plan to buy Treasury bonds might be as big as previously anticipated.Many traders had been predicting the Fed would buy between $500 billion and $1 trillion in Treasurys to drive interest...
US,Wall,Street
111
2010-15-27
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved