“U.S. stock index futures rose on Monday, looking to extend Wall Street’s three weeks of gains as investors awaited the Federal Reserve’s monetary meeting later in the week,” Angela Moon reports for Reuters. “The Federal Reserve is expected to tread water at a policy-setting meeting on Tuesday, with economists looking for a renewed promise to keep its portfolio from shrinking but no new steps to ease monetary policy.”
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“The lack of action, however, should not be mistaken for a lack of debate. Policymakers need to decide if and when to launch further large-scale asset purchases to support the sluggish recovery,” Moon reports. “‘Whether or not the Fed is going to increase quantitative easing going forward will be the key in the next day or two,’ said Peter Cardillo, chief market economist at Avalon Partners in New York. ‘The Fed will probably keep its policy on hold, and that might send a positive message to the market that the economy is not weakening anymore,’ he said.”
“S&P 500 futures SPc1 rose 5.7 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract,” Moon reports. “Dow Jones industrial average futures DJc1 added 41 points, and Nasdaq 100 futures NDc1 gained 8 points.”
Moon reports, “China Unicom Ltd (0762.HK) will launch Apple Inc’s (AAPL.O) latest iPhone in China next Saturday, in a bid to claw back market share with the popular smartphones.”
Full article here.
Ooh weed are we gonna fly, down in the easy chair…
Oooh weee was auto corrected and stands – sorry
Drat said Bill and Ben … the flowerpot men.
Weeeeed!
FREE iPads and iPods- Think Different…
Can’t afford a new iPad, iPod or any other Apple mobile device?
No worries, buy only 10-20 (at least) AAPL shares now and watch them go to $300+ by January at latest.
Take the easy sure profit and buy yourself a blast.
The bureaucrats and politicians have really screwed up America. They are supposed to protect the interests of the country but money talk has blinded them. America is really a screw-up country that cannot even solve their own myriad problems but still wants to tell the world how to behave. The blind is leading the blind.
@vsp
What the hell are you going on about?
@breeze
if you can afford 2 shares of apple then you can buy an ipad or ipod.. with 10 to 20 you can buy a mac pro with an ipad and ipod
jtc:
Not being able to afford something does not necessarily mean one doesn’t have the money…