US STOCKS-Futures dip as investors rethink stimulus views

* Investors reassess expectations of stimulus from Fed

* Durable goods, new home sales data on tap

* Futures off: S&P 5.5 pts, Dow 33 pts, Nasdaq 4 pts

* For up-to-the-minute market news see [STXNEWS/US]

NEW YORK, Oct 27 (BestGrowthStock) – Stock futures fell on
Wednesday as investors reassessed how aggressive the Federal
Reserve may be in new efforts to stimulate the economy, and
braced for another round of corporate results and economic
data.

* Expectations of large-scale U.S. Treasury bond purchases
by the Fed have prompted a market rally since the beginning of
September. Equity investors have bet that more quantitative
easing will invigorate an economic recovery and lift asset
prices.

* The Wall Street Journal reported the central bank is
likely next week to unveil a program of purchases worth a few
hundred billion dollars over several months, and want to avoid
a “shock and awe” style approach. For details, see
[ID:nTOE69Q02H]

* In a Reuters survey earlier this month, U.S. primary
dealers projected the size of the Fed’s expected quantitative
easing from $500 billion to $1.5 trillion. [FED/R]

* On the earnings front, results were due from Visa Inc
(V.N: ) and ConocoPhillips (COP.N: ).

* Whirlpool Corp (WHR.N: ) reported a lower profit on almost
flat sales as cautious shoppers curbed spending on expensive
goods like appliances. [ID:nN27198322]

* Economic data on tap includes durable goods and new home
sales, both for September. Durable goods are forecast to rise 2
percent from a decline of 1.5 percent the month before, while
new home sales are expected to rise to 300,000 from 288,000 the
previous month. [ECI/US]

* S&P 500 futures (SPc1: ) dipped 5.5 points and were below
fair value, a formula that evaluates pricing by taking into
account interest rates, dividends and time to expiration on the
contract. Dow Jones industrial average futures (DJc1: ) slipped
33 points, and Nasdaq 100 futures (NDc1: ) gave up 4 points.

* Stocks ended little changed on Tuesday on investor
caution ahead of next week’s U.S. elections and statement from
the Fed.

* Barnes & Noble Inc (BKS.N: ) unveiled the latest iteration
of its Nook electronic reader, featuring a color touch screen
and Wi-Fi web browsing, as it seeks to catch up to the Kindle,
the industry leader from Amazon.com Inc (AMZN.O: ).
[ID:nN25276340]

* Apple Inc (Read more about Apple stock future.) (AAPL.O: ) said that it would delay the release
of a new iPhone again — this time until next spring.
[ID:nN26163792]
(Reporting by Leah Schnurr; editing by Jeffrey Benkoe)

US STOCKS-Futures dip as investors rethink stimulus views