Financial Outlook

Stock index futures on wallstreet are edging up this morning by 1 to 2 tenths of a percent a day after the dow climbed closer to a new record high while the tech heavy Nasdaq was slightly lower and the S&P continued to move closer to the 2,000 mark…and stock of local interest were up by a 3 to 1 margin on Wednesday with Fairchild semiconductor leading the way with an increase of just under 5%..investors are closely watching the events taking place in Jackson hole Wyoming where there is a sense that although the Feds have reiterated their commitment to keep interest rates  at current levels until after the start of 2015, more hawkish elements in favor of raising rates sooner are gaining ground..looking ahead first time claims for unemployment from the week ending August 17th are due out today