U.S. Stock Futures Split Ahead of Fed as Apple’s Blowout Sends Nasdaq Higher
- Thursday, January 26, 2012, 0:33
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Wall Street is divided this morning, with Dow and S&P futures headed lower ahead of a Federal Open Market Committee decision on U.S. monetary policy, while Nasdaq futures are rallying in the wake of a blowout quarterly report from iPhone company Apple Inc. (AAPL). Specifically, futures on the Mini Dow Jones Industrials are trading roughly 43 points below fair value, with S&P 500 Index (SPX) futures 3.5 points below fair value, and Nasdaq Mini futures about 22 points above fair value.
http://www.forbes.com/sites/josephhargett/2012/01/25/u-s-stock-futures-split-ahead-of-fed-as-apples-blowout-sends-nasdaq-higher/