NEW YORK (AP) — Stock futures are rising with little economic data or major corporate earnings on tap, but Wall Street is tuned in to an address from the Fed Chairman.
Federal Reserve Chairman Ben Bernanke told the National Association for Business Economics that the U.S. job market remains weak despite three months of strong gains.
The Dow Jones industrial average is up 40 points to 13,072 while the Standard & Poor’s 500 index is up 3.6 points to 1,3097.70. The Nasdaq composite index is up 12.5 points to 2,741.25.
Lions Gate Entertainment Corp. is among the stock standouts. The studio’s “The Hunger Games” had a huge opening weekend, with a windfall of $155 million. Lions Gate shares are up 5 percent at $15.25.
