Dow jones futures outlook september 12 2012

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Dow jones futures outlook september 12 2012 : U.S. stocks closed higher Tuesday, as traders awaited the Federal Reserve’s upcoming policy meeting with hopes the central bank will announce fresh stimulus measures to bolster growth.

At the close of U.S. trade, the Dow Jones Industrial Average rose 0.52%, the S&P 500 index climbed 0.31%, while the Nasdaq Composite index eased higher by 0.02%.

Markets continued to eye the outcome of the Fed’s policy meeting on Thursday, after disappointing U.S. employment data last week fueled fresh expectations for the central bank to add stimulus.

Meanwhile, Germany’s constitutional court confirmed that it will give its ruling on the euro zone’s bailout fund, the European Stability Mechanism on Wednesday, following earlier reports suggesting that the decision may be delayed.

Separately, sentiment remained supported after European Central Bank President Mario Draghi unveiled last week details of a bond purchasing program aimed at stemming the debt crisis in the euro zone, dubbed Outright Monetary Transactions.

Stcoks futures prediction 9/12/2012

Dow Jones Futures - Up 5
S&P 500 Futures - Up 3
NASDAQ Futures - Up 4

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