Stock Futures Mixed As Traders Look To Washington
Published: June 18, 2009
Updated: June 18, 2009
NEW YORK (AP) - Investors are again looking to Washington for clues about the market.
Stock futures are showing only modest moves early Thursday as investors await testimony from Treasury Secretary Timothy Geithner on the White House’s proposed overhaul of the nation’s financial regulatory system. Geithner is expected to testify before Senate and House committees. The plan would give new powers to the Federal Reserve to oversee the financial system.
Investors are also awaiting data on weekly unemployment claims. Economists predict that new jobless claims changed little last week.
Dow Jones industrial average futures are up 15 at 8,452. Standard & Poor’s 500 index futures are up 1.50 to 906.80. Nasdaq 100 index futures are down 3.50 to 1,450.00.
To follow the stock market throughout today, click here: http://www.nasdaq.com/
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