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US futures barely higher as Syria tension grows

August 28, 2013

NEW YORK (AP) — U.S. stock futures are modestly higher while global exchanges are falling, with Western nations laying the groundwork for potential military strikes in Syria.

Tensions over Syria are sending gold prices to three-month highs and crude to two-year highs above $112 per barrel in early trading.

Dow Jones industrial futures are up 2 points to 14,750. S&P futures have added less than a point to 1,628.90. Nasdaq futures are up 2.75 points to 3,062.25.

Trading is extremely light. No major economic indicators are due.

On Wednesday, a report from the National Association of Realtors is expected to show flat or declining home sales as mortgage rates rise.

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