Stock futures edged up as investors awaited comments from the Federal Reserve's Jerome Powell for clues on when it may start curtailing its bond buying
, erasing some of the gains made this week. Contracts for the Dow Jones Industrial Average and technology-heavy Nasdaq-100 also ticked up 0.3% Friday.
Major indexes are close to all-time highs, powered by expectations that strong economic growth will extend a surge in corporate profits. A key question for investors is when the Fed will scale back its $120 billion in monthly asset purchases and consider raising interest rates. Minutes from the Fed’s late July policy gathering showed that many of the officials thoughtMr. Powell is due to address the central-bank symposium in Wyoming at 10 a.m. ET and his remarks will be streamed online.
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