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29 Oct 2014
US equities likely to open on a flat note
FXStreet (Mumbai) - The US Equity futures are trading in the sideways manner today after the equities rallied to a one-month high yesterday on hopes that the Federal Reserve (Fed) would continue to signal that it shall keep interest rates at record low for a considerable period of time.
The DJIA December futures are trading 0.12% higher at 16,956.50, while the S&P December futures are trading 0.02% lower at 1979.65. Meanwhile, the Midcap Russell 2000 December futures are up 0.10% at 1148 levels.
Elsewhere, the volatility gauge - Chicago Board Options Exchange Volatility Index (CBOE VIX), has declined for the past four days after hitting a two year on Oct. 15. Moreover, the VIX November futures are trading 0.95% higher today at 15.88. The volatility index is expected to rise ahead of the all-important Fed meet.
The DJIA December futures are trading 0.12% higher at 16,956.50, while the S&P December futures are trading 0.02% lower at 1979.65. Meanwhile, the Midcap Russell 2000 December futures are up 0.10% at 1148 levels.
Elsewhere, the volatility gauge - Chicago Board Options Exchange Volatility Index (CBOE VIX), has declined for the past four days after hitting a two year on Oct. 15. Moreover, the VIX November futures are trading 0.95% higher today at 15.88. The volatility index is expected to rise ahead of the all-important Fed meet.