US Futures Rise as Bernanke Heads to Capitol Hill

By: Associated Press Email
By: Associated Press Email

NEW YORK (AP) - Stock futures are moving higher ahead of an appearance by Federal Reserve Chairman Ben Bernanke on Capitol Hill, with many looking for hints of new stimulus measures for the economy.

Goldman Sachs is also reporting strong-than-expected second-quarter earnings.

Bernanke will give his semiannual report to the Senate Banking Committee Tuesday. Some believe he may signal another round of bond purchases, after the first two sent markets soaring. He goes before Congress this time with the job market slumping and more evidence that both consumers and businesses are growing anxious about the economy.

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