the republic logo

US stock futures rising before Bernanke remarks, Fed minutes and housing sales numbers

NEW YORK — U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing an important milestone.

Dow Jones industrial futures are up 15 points to 15,370. S&P futures have added 2.2 points to 1,667.80. Nasdaq futures are up 4.25 points to 3,025.75.

PHOTO: In this Tuesday, April 2, 2013, photo, Sam and Liz Weidner, of Hudsonville, Mich., view a home for sale in Lowell, Mich. The National Association of Realtors reports on sales of previously occupied homes in April on Wednesday, May 22, 2013. (AP Photo/Paul Sancya)
In this Tuesday, April 2, 2013, photo, Sam and Liz Weidner, of Hudsonville, Mich., view a home for sale in Lowell, Mich. The National Association of Realtors reports on sales of previously occupied homes in April on Wednesday, May 22, 2013. (AP Photo/Paul Sancya)

The Federal Reserve releases minutes Wednesday from its most recent policy meeting and Chairman Ben Bernanke goes before Congress to testify about the state of the U.S. economy.

Comments from two Fed officials this week are already pushing markets higher.

Also Wednesday, economists expect the National Association of Realtors to report that previously owned home sales rose last month to a seasonally adjusted annual rate of nearly 5 million.

That would be the fastest pace in more than three years.

Think your friends should see this? Share it with them!


Story copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


Photo Gallery:
PHOTO: In this Tuesday, April 2, 2013, photo, Sam and Liz Weidner, of Hudsonville, Mich., view a home for sale in Lowell, Mich. The National Association of Realtors reports on sales of previously occupied homes in April on Wednesday, May 22, 2013. (AP Photo/Paul Sancya)
Click to view (3 Photos)
We also have more stories about:
(click the phrases to see a list)

Category:

Organizations:

Subjects:

 

Follow Us

Content enhanced with OpenCalais.

 

All content copyright ©2013 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.