17 de septiembre de 2015 / 11:11 / en 2 años

US STOCKS-Futures lower as Fed decision looms

* Futures off: Dow 11 pts, S&P 2.25 pts, Nasdaq 2.25 pts

By Tanya Agrawal

Sept 17 (Reuters) - U.S. stock index futures were lower on Thursday ahead of the Federal Reserve’s interest rate decision.

* The Fed will announce the outcome of its policy meeting at 2 p.m. ET (1800 GMT), followed by a press conference by Chair Janet Yellen at 2:30 p.m. ET.

* An increase in the Fed’s benchmark rate, from near zero, would be the first since 2006.

* Fed fund futures <0#FF:> see a 30 percent chance the Fed will pull the trigger. Of the 80 economists polled by Reuters, 35 said a rise is likely on Thursday.

* Energy stocks pushed Wall Street higher on Wednesday after an almost 6-percent jump in oil prices, but trading was thin as investors braced for the Fed.

* Speculation about when the Fed will move has dogged Wall Street for months, and recent market turbulence linked to slowing growth in China has further complicated the picture.

* Many analysts say a rate hike now would help remove a lot of the uncertainty that has troubled investors.

* “As it stands now considering (Wednesday‘s) market rally, the bearish decision will be for the Fed not to hike,” Mike O‘Rourke, chief market strategist at Jones Trading, said in a note.

* The Fed has said it will raise rates when it sees a sustained recovery in the economy. While the unemployment rate has fallen to multi-year lows, inflation has remained stuck at 1.8 percent, below the Fed’s 2 percent target.

* Shares of Cablevision jumped 16.3 percent to $33.20 premarket after European telecoms group Altice agreed to buy the company in a deal valued at $17.7 billion.

* Oracle was down 1.4 percent at $37.74 a day after the company warned that revenue could fall in the current quarter.

Futures snapshot at 6:46 a.m. ET:

* S&P 500 e-minis were down 2.25 points, or 0.11 percent, with 121,496 contracts changing hands.

* Nasdaq 100 e-minis were down 2.25 points, or 0.05 percent, in volume of 13,335 contracts.

* Dow e-minis were down 11 points, or 0.07 percent, with 12,456 contracts changing hands. (Reporting by Tanya Agrawal; Editing by Ted Kerr)

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