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Stock futures little changed ahead of Fed decision

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[September 23, 2009]  NEW YORK (AP) -- Stock futures are little changed as investors await the Federal Reserve's decision on interest rates.

Markets overseas are mixed. Asian markets fell slightly overnight, while major European indexes are inching higher.

Investors are awaiting word from the U.S. central bank as it wraps up a two-day policy meeting this afternoon, hoping for more clues about the strength of the economy's recovery, as well as a clearer indication of when the government may raise interest rates in the future.

Dow Jones industrial average futures are up 2 at 9,773. Standard & Poor's 500 index futures are up 0.30 at 1,067, while Nasdaq 100 index futures are down 0.50 at 1,733.

[Associated Press; By SARA LEPRO]

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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