US futures bounce back as earnings season arrives

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Associated Press

Posted on April 8, 2013 at 8:01 AM

Updated Monday, Apr 8 at 8:03 AM

NEW YORK (AP) — Stock futures are rebounding with Alcoa kicking off the U.S. earnings season after the bell.

Dow Jones industrial futures are up 39 points to 14,523. The broader S&P futures have added 5.7 points to 1,551.70. Nasdaq futures are up 10 points to 2,773.

Investors are putting Friday's terrible jobs report behind them Monday, in part on the belief that the Federal Reserve is unlikely to let up on policies that have freed up more money to pour into the market.

Markets will get a peek Wednesday into to the minds of Fed policy makers when minutes from the March meeting are released.

Bed Bath & Beyond reports earnings Wednesday, followed by JP Morgan & Chase and Wells Fargo on Friday.

Stocks overseas are mixed.

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