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23.11 - 02:23
Stock futures are flat after Fed comments lift major averages to new highs
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cnbc.comU.S. stock index futures were steady during overnight trading on Wednesday after the major averages closed at records following commentary from the Federal Reserve. The central bank said it will begin to slow its bond-buying program, signaling that the economy can now handle an unwinding of pandemic stimulus.
Futures contracts tied to the Dow Jones Industrial Average fell 8 points. S&P 500 futures were flat and Nasdaq 100 futures rose 0.05%.
During regular trading the Dow gained about 105 points, registering its fifth straight positive session. The 30-stock benchmark hit its 51st record intraday high of the year, and 42nd record close of 2021.
The S&P 500 also posted its fifth straight day of gains, advancing 0.65%. The index saw its 74th
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