Wall St. set to extend gains after Dow, S&P hit records

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Wall St. set to extend gains after Dow, S&P hit records

[Reuters] - Wall Street was set for a slightly higher open on Wednesday, adding to fresh records scaled by the Dow and the S&P 500, amid sturdy results and on expectations the Federal Reserve will continue its stimulus efforts into next year. The Federal Reserve is expected to maintain its massive bond-buying campaign when it concludes a two-day policy-making meeting on Wednesday, and may indicate that its stimulus measures will be extended into 2014 amid softer readings on the U.S. economy. The ADP National Employment Report showed early Wednesday that U.S. private-sector employers added 130,000 jobs in October, fewer than economists expected. Dow Jones industrial average futures rose 46 points and Nasdaq 100 futures added 12 points.

http://us.rd.yahoo.com/finance/news.../futures-edge-higher-ahead-fed-120619838.html
 
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