US futures pushed higher by Fed stimulus call

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Associated Press

Posted on September 19, 2013 at 8:01 AM

Updated Thursday, Sep 19 at 8:02 AM

NEW YORK (AP) — Stock futures are getting a big push from a Fed decision to keep rolling with a massive bond-buying program that has pushed interest rates lower and created heavy volumes of trading.

All major U.S. indexes could head into record territory again Thursday after the Federal Reserve's decision surprised economists. Most believed that the U.S. had recovered sufficiently, and that the government would begin removing the financial scaffolding that has propped up the economy throughout the year.

Dow Jones industrial futures are up 41 points to 15,635. S&P futures have gained 6.2 points to 1,724. Nasdaq futures are up 11 points to 3,232.75.

Investors are also awaiting the release Thursday of data on unemployment benefit claims, housing and leading indicators.

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