NEW YORK (AP) — Stock futures are higher with President Barack Obama set to nominate Janet Yellen to head the Federal Reserve.
Dow Jones industrial futures are up 35 points to 14,749. S&P futures have gained 4.9 points to 1,655.30. Nasdaq futures are up 8.75 points to 3,159.50.
Yellen has been a key ally of Fed Chairman Ben Bernanke and has piloted the bank's massive bond-buying program.
U.S. corporations are posting mixed results to begin the earning season.
Alcoa easily beat expectations, while Costco and Yum Brands fell short.
Also on Wednesday, Jos. A. Bank Clothiers said that it's bidding $2.3 billion for Men's Wearhouse.
The Federal Reserve releases the minutes of its September policy meeting after surprising economists last month by not reducing its $85 billion in monthly bond purchases.
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A District Court judge has ordered city leaders respond to a petition filed by an animal activist on the city's trap-neuter-return approach of managing feral cats.
Police responded to dozens of weather-related crashes in only a matter of hours Sunday.
A small plane crashed at about 8 a.m. Sunday morning on the Canyon Rim Trail near N.M. 502 and the entrance of Los Alamos.
Sunday night in Albuquerque and around the world people gathered for candlelight vigils to remember the loss of their children.
Department of Agriculture officials are warning customers to not get burned when buying firewood.
Church groups, parents and teachers met Sunday at the 20th annual Albuquerque Interfaith Convention. State education reform was their central focus.