US STOCKS-Futures up but data weighs; Twitter down, Madison Square jumps

martes 28 de octubre de 2014 08:46 GYT

* Capital goods orders post largest fall in eight months

* Two-day Fed meeting to begin, policy seen steady

* Futures up: Dow 44 pts, S&P 5.5 pts, Nasdaq 14.5 pts (Updates prices, adds durable goods data)

By Rodrigo Campos

NEW YORK, Oct 28 (Reuters) - U.S. stock index futures rose on Tuesday ahead of data on industrial production, home prices and consumer confidence and as the Federal Reserve prepared to begin a two-day meeting on monetary policy.

* Futures cut gains after data showed new orders for capital goods by U.S. businesses recorded their biggest drop in eight months in September. The surprise decline was likely to be temporary as business sentiment has been upbeat more recently.

* The economic schedule also includes S&P/Case-Shiller home prices for August at 9:00 a.m. (1300 GMT) and at 10:00 a.m. (1400 GMT) a gauge of consumer confidence for October.

* The U.S. Federal Reserve begins later on Tuesday a two-day policy meeting, after which it is expected to reinforce expectations it will wait a long while before rising interest rates. The U.S. central bank is all but certain to announce the end of its massive bond-buying stimulus.

* Twitter shares fell 13.5 percent in premarket trading a day after it posted a slide in a closely watched measure of engagement even as its user base grew in the third quarter.   Continuación...