MW: U.S. stock futures remain lower after durable goods data
By Nick Godt
NEW YORK (MarketWatch) -- Stock futures briefly turned positive early Wednesday after better-than-expected data on durable goods orders, but they quickly fell back amid caution ahead of the Federal Reserve's decision on interest rates later in the session. Futures for the Dow Jones Industrial Average were down 14 points at 9,075, while those for the S&P 500 index dropped 1.10 points to 937.60. Nasdaq 100 futures were down 6.75 points at 1,301. Strong demand for airplanes lifted orders for durable goods to a 0.8% gain in September, much stronger than the 1% decline expected by economists surveyed by MarketWatch. Excluding transportation, orders fell 1.1%.
