NEW YORK (AP) — Stock futures are rising as investors look to extend a rally that has pushed the Dow Jones industrial average above 11,000 for the first time since early May.
Traders in recent days have been betting the Federal Reserve will act in the coming weeks to stimulate the economy and drive interest rates lower. Lower rates on bonds makes stocks a more attractive investment.
Traders will get key economic and earnings reports throughout the week that could eventually sway trading. But there are no major reports due out Monday.
Dow Jones industrial average futures are up 20, or 0.2 percent, at 10,967. S&P 500 futures are up 3, or 0.2 percent, at 1,163, while Nasdaq 100 futures are up 6, or 0.3 percent, at 2,027.
