Futures flat with investors seeking Fed clarity

US stock futures barely budget with markets seeking more clarity on the direction of the Fed

Associated Press
Stocks drop as investors fret over budget fight
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FILE - In this Sept. 18, 2013 file photo, Trader F. Hill Creekmore works on the floor of the New York Stock Exchange. Global stock markets fell Friday Sept. 20, 2013, two days after the Fed announced it would keep its unprecedented stimulus in place. Public holidays kept trading muted in Asia. (AP Photo/Richard Drew, File)

NEW YORK (AP) -- U.S. stock futures are barely moving with investors seeking more clarity on the direction of Fed policy.

They may get that Friday, with a handful of U.S. Federal Reserve officials speaking.

Dow Jones industrial futures are unchanged at 15,573. S&P futures are unchanged at 1,717.40. Nasdaq futures are up 3.25 points to 3,235.50.

The Fed this week shocked markets by leaving in place an $85 billion bond-buying program. Most economists had expected the Fed to begin backing away from that program with the economy recovering.

Kansas City Fed President Esther George, the sole dissenter to the Fed decision, gives a speech just after noon Friday. She's followed by Fed Gov. Daniel Tarullo and St. Louis Fed President James Bullard. Minneapolis Fed President Narayana Kocherlakota is also speaking.

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