U.S. stock market futures traded slightly higher this morning, about two hours before the opening bell on Wall Street, as investors anticipated another rate cut by the Federal Reserve. The Fed will meet today, and economists widely expect Chairman Ben Bernanke and his compatriots to cut the interest rates to the lowest level they have been since the September 11, 2001 attacks. Standard & Poor's 500 Index futures expiring in March added 0.1 percent to 873.10, Dow Jones Industrial Average futures gained less than 0.1 percent to 8,584 and Nasdaq 100 Index futures increased 0.1 percent to 1,196.50. Yesterday, the Dow Jones Industrial Average fell about 60 points, or 0.75 percent, to 8564. Among those gaining this morning were GM, Goldman Sachs Group, and Exxon Mobil.
