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Futures point to a higher open as Fed signals rates to remain low

Posted 7:43 AM 11/11/09 ,
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U.S. stocks are set for a strong open after several speeches from Federal Reserve officials signaled interest rates will remain low for some time despite the pressure on the dollar. But as the dollar falls, investors turn to higher yielding assets, pushing stocks higher. Today, U.S. bond markets are closed for Veteran's Day.

More here: Before the bell: Stocks ready to climb on hopes of continued low interest rates
Melly Alazraki

Melly Alazraki

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Stock Market Writer and Analyst

Melly Alazraki is a ten-year veteran of the financial world, working internationally for both sell and buy side firms. She's been a contributing editor with BloggingStocks for nearly three years and writes about the stock market and pharmaceutical industry for DailyFinance.

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