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LONDON (ShareCast) – Dow Futures pointed to a higher open on Thursday, in the wake of dovish comments from a Federal Reserve member. The Dow Jones Industrial Average is expected to open 150 points higher than Wednesday’s close of 17,584.52, while the S&P 500 and the Nasdaq are expected to begin the day 15 and Read More

Obama touts auto bailout success, Michigan worries about trade By Jeff Mason WAYNE, Mich. (Reuters) – President Barack Obama, on a trip to unveil elements of his State of the Union address, took a victory lap in Michigan on Wednesday to tout his support of the auto industry, but concerns about trade policies hung in Read More

* Fed minutes on tap * J.C. Penney climbs in premarket after sales results * Futures up: Dow 132 pts, S&P 16 pts, Nasdaq 25 pts (New throughout) By Rodrigo Campos NEW YORK, Jan 7 (Reuters) – U.S. stocks were set to rise at the open on Wednesday following data that showed the U.S. private Read More

(Corrects November ADP Payroll figure in second paragraph to revised upwards.) U.S. stock futures rose Wednesday after a weak start to the year that was compounded by sliding oil prices , helped by better-than-expected payrolls figures and in anticipation of further details from the central bank’s monetary policy meeting three weeks ago. This morning, Read More