Stock futures little changed after rally on Fed decision

Stock futures were little changed Thursday, a day after the Federal Reserve said the economy was strong enough for it to begin paring its massive stimulus, sending the S&P 500 and Dow industrials to fresh closing highs. * The Fed’s decision Wednesday to trim its monthly asset purchases by $10 billion to $75 billion was accompanied by a dovish indication of rock-bottom interest rates for the foreseeable future, a combination that enticed buyers and helped the S&P 500 and Dow post their largest gains in two months. * The Labor Department releases first-time claims for jobless benefits for the week ended December 14 at 8:30 a.m. EST (1330 GMT). * At 10:00 a.m. (1500 GMT), the National Association of Realtors releases existing home sales for November, the Conference Board reports November leading indicators and the Philadelphia Fed releases its December business activity survey.

    

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