NEW YORK (AP) — Stock futures are heading lower, following the market declines from the previous day, after U.S. policy makers said they would maintain a massive economic stimulus program.
The Federal Reserve did not say, as it had in September, that rising mortgage rates may slow the country's recovery from the recession. That led some economists to suggest that the government may start winding down the $85 billion bond-buying program early next year, sooner than many had expected.
Dow Jones industrial futures are down 15 points to 15,538. S&P futures have lost 3.1 points to 1,757.50. Nasdaq futures are down 12.75 points to 3,379.50.
Exxon Mobil, MasterCard and Starbucks are releasing quarterly earnings reports Thursday.
The U.S. Labor Department will release its weekly jobs report as well before the market opens.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
An airman from Niagara Falls was away training for the Air Force for months. After being apart from his family, he decided to surprise them at Kelly’s Country Store in Grand Island.
A Buffalo city jail cell block attendant was arrested early Saturday morning on multiple animal cruelty charges.
Family and friends created a memorial for James complete with notes and candles.
Detectives say Brandon Cahee, 28, was found in an upper apartment of a home on Ericson Avenue, and he had been shot.
It's been one month since Typhoon Haiyan barreled through the Philippines, leveling towns and killing nearly 6,000 people.
Rookie Mike Glennon rebounded from one of his worst performances of the season to throw two touchdown passes and lead the Tampa Bay Buccaneers a 27-6 victory over the struggling Buffalo Bills on Sunday.