Futures on the Dow Jones Industrial Average are up about 0.2%. S&P 500 Index futures have gained 0.1%, while Nasdaq 100 futures have advanced 0.3%.
The Federal Reserve’s Federal Open Market Committee will announce a policy decision tomorrow. Fed Chairman Ben Bernanke is expected to forgo announcing a third round of large-scale asset purchases this week. According to a Bloomberg News survey, 48% of economists surveyed believe the FOMC will announce the buying at its Sept. 12-13 meeting.
A handful of economic reports are due out this morning, including key readings on consumer confidence, spending and income. Also look for the S&P/Case-Shiller index of home prices and the Chicago PMI.
Oil producer BP PLC (NYSE: BP) reported a loss of $1.4 billion, and…
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