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US futures bounce back as earnings season arrives

Monday - 4/8/2013, 9:51am  ET

FILE- In this Thursday, April 4, 2013, file photo, trader Luigi Muccitelli, right, works on the floor of the New York Stock Exchange Thursday, April 4, 2013. Asian stock markets were mixed Monday April 8, 2013 amid concerns about tensions on the Korean Peninsula and bird flu in China, but European stocks rose as traders looked ahead to corporate earnings season in the U.S. (AP Photo/Richard Drew, File)

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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