US futures bounce back after two-day decline

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Associated Press

Posted on February 22, 2013 at 7:00 AM

Updated Friday, Feb 22 at 7:30 AM

NEW YORK (AP) — U.S. stock futures are rebounding after a two-day decline.

Dow Jones industrial futures are up 60 points to 13,932. S&P futures gained 8.1 points to 1,509.20. Nasdaq futures are up 12 points to 2,726.

There are no economic indicators and few corporate earnings reports due Friday. Markets are bouncing back, however, after being spooked by an apparent split among officials with the U.S. Federal Reserve over whether to push forward with economic stimulus programs, or to begin weaning the nation off of them.

Many investors also sensed that the Dow, which is getting close to an all-time high, had gotten ahead of itself.

The Dow is up 6 percent this year, the S&P 500 is up more than 5 percent, and the Nasdaq is up 3.7 percent.

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