NEW YORK (AP) — Stock futures are higher with President Barack Obama set to nominate Janet Yellen to head the Federal Reserve.
Dow Jones industrial futures are up 35 points to 14,749. S&P futures have gained 4.9 points to 1,655.30. Nasdaq futures are up 8.75 points to 3,159.50.
Yellen has been a key ally of Fed Chairman Ben Bernanke and has piloted the bank's massive bond-buying program.
U.S. corporations are posting mixed results to begin the earning season.
Alcoa easily beat expectations, while Costco and Yum Brands fell short.
Also on Wednesday, Jos. A. Bank Clothiers said that it's bidding $2.3 billion for Men's Wearhouse.
The Federal Reserve releases the minutes of its September policy meeting after surprising economists last month by not reducing its $85 billion in monthly bond purchases.
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An eight-year-old boy was shot Thursday morning in Cattaraugus County. Officials are at the scene on West Road, in Leon.
There is another Lake Effect Snow Warning in effect for Erie, Wyoming, Chautauqua and Cattaraugus Counties from Thursday through early Friday.
Lake Effect Snow Warnings return today with the chance for an additional foot for some areas.
A 26-year-old male employee of Ying's Wings and Things told police that Haibo Jiang, also known as Jimmy Ying, choked him until he passed out.
A Good Samaritan died Wednesday while trying to assist the driver of a tractor trailer who got stuck in the snow.
Viewers sent in photos from the snowfall around Western New York.