US stock futures mixed

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IOL wall street

Wall Street stock futures are mixed ahead of a speech on monetary policy from Federal Reserve Chairman Ben Bernanke.

Dow futures are up 6 points to 13,439. The broader Standard & Poor's 500 futures are up 1 point to 1,468. Nasdaq futures are down 10 points to 2,734.

Bernanke is expected to speak in a question-and-answer session at 4 p.m. ET (23:00 SA time), just as the stock markets close.

Also this week are earnings reports from major US banks including JPMorgan Chase & Co., Bank of America Corp. and Goldman Sachs Group Inc.

European markets rose by midday on optimism that the worst of the uncertainty from the European fiscal crisis and US fiscal cliff saga is over.

US stocks hit a five-year high Thursday. - Sapa-AP


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