US STOCKS-Futures flat as investors seek clues on rates

miércoles 7 de septiembre de 2016 07:33 GYT

* Futures: Dow down 9 pts, S&P down 1.75 pts, Nasdaq up 3.75 pts

By Yashaswini Swamynathan

Sept 7 (Reuters) - U.S. stock index futures were little changed on Wednesday as investors seek more clues on the timing of the next interest rate hike.

* The Nasdaq closed at a record level on Tuesday, while the S&P 500 and the Dow edged up after weak services data raised doubts about the ability of the U.S. economy to absorb a rate hike.

* The dollar index was trading flat on Wednesday after falling more than 1 percent a day before. Oil prices also regained some strength, rising about 0.75 percent.

* Analysts say the Federal Reserve has been prepping the markets for a possible hike in December. However, a recent spate of disappointing economic data, including last week's jobs numbers, could scuttle those plans.

* Traders have priced in a 15 percent chance of a hike when the Fed meets later this month and a 45.7 percent chance of a move in December, according the CME Group's FedWatch too.

* The central bank is scheduled to release its Beige Book, a summary of commentary on economic conditions on Wednesday, which investors will parse for rate-hike clues.

* The U.S. Labor Department will release a report on monthly job openings and layoffs at 10:00 a.m. ET (1400 GMT). The report will give more insight into the labor market.   Continuación...