Futures rise as budget talks continue

NEW YORK (AP) — Stock futures are rising again, adding to a 300-point gain on the Dow Jones, with the odds of the first U.S. default in history at least appearing to grow slimmer.

Dow Jones industrial futures are up 24 points to 15,057. S&P futures have gained 1.8 points to 1,686.80. Nasdaq futures are up 4.25 points to 3,197.75.

The partial government shutdown pushed the Dow below 15,000 for a week before President Barack Obama and House Republicans held urgent meetings Thursday to try to hammer out a deal.

Obama planned a late-morning White House meeting Friday with GOP senators, who said they would present options of their own for ending the shutdown.

J.P. Morgan Chase, rattled by massive legal expenses, is reporting a loss for the third quarter.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s