U.S. Stock Futures Higher After Fed; Netflix Upgraded to Buy at Citi

U.S. stock futures are pointed higher this morning, as Wall Street continues to digest the Fed’s pledge to keep rates near zero percent until 2014. Blue-chip earnings are also in focus, with Dow Jones Industrial Average (DJIA) components Caterpillar (CAT), 3M Company (MMM), and AT&T (T) releasing their quarterly reports this morning. At last check, futures on the DJIA Mini were trading 30 points above fair value, while futures on both the Nasdaq Mini (NDX) and S&P 500 Index (SPX) were trading about 3 points above fair value.

http://www.forbes.com/sites/josephhargett/2012/01/26/u-s-stock-futures-higher-after-fed-netflix-upgraded-to-buy-at-citi/