NEW YORK (AP) U.S. stock futures were mixed Wednesday as investors continue to take profits toward the end of the year.
Dow Jones industrial futures rose 13 points to 15,991 on Wednesday. S&P futures gained less than a point to 1,803.50. Nasdaq futures fell less than a point to 3,515.75.
Many people are also moving to the sidelines ahead of the next meeting of the U.S. Federal Reserve, which begins Tuesday.
Because recent economic data has been so strong, especially on the jobs front, there is a growing belief that the U.S. will ease back on its monthly $85 billion bond buying program. The program has flooded markets with cash and kept interest rates incredibly low.
The retail sector continues to struggle and many companies acknowledge that they will have to cut prices to get rid of bloated inventory. But it's a mixed picture.