Gucci men's classic black canvas leather sneaker
$78.00
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Gucci men's classic black canvas leather sneaker
Gucci 2009 men casual shoes
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U.S. stock index futures pointed slightly higher Christian louboutin boots on Wednesday as investors awaited congressional testimony from Federal Reserve Chair Ben Bernanke for clues to the U.S. central bank's thinking on the economy.
Bernanke gives semiannual testimony on monetary policy and the state of the economy before the U.S. House Financial Services Committee. Investors wonder if a surprise hike in the discount rate last week could presage a rise in interest rates. The testimony is to start about 10 a.m. EST (1500 GMT).
"We certainly have had a modicum of wait-and-see attitude in this market this week, knowing that we're going to get a speech from Bernanke today," said Arthur Hogan, chief market analyst at Jefferies & Co in New York. "All eyes will be on that, so the opening may be inconsequential"
Hogan said Bernanke was not likely to say anything that will alter the Fed's promise to keep interest rates low for an extended period, predicting the market would gain today as a result. For more on Bernanke's testimony, see [ID:nLDE61N04E]
S&P 500 futures SPc1 were up 0.2 points and christian louboutin sale above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures DJc1 rose 1 point, and Nasdaq 100 futures NDc1 added 4 points.
Shares in Autodesk Inc (ADSK.O) rose 7.2 percent to $27.50 in premarket trade after the architectural software company posted better-than-expected quarterly results late Tuesday. [ID:nN23125716]
On the economic front, the Commerce Dept releases new home sales for January at 10 a.m. EST (1500 GMT). Economists in a Reuters survey forecast a total 360,000 annualized units in the month, compared with 342,000 in December.
European shares were flat at midday Wednesday, with weak miners offsetting modest gains in banks. The pan-European FTSEurofirst 300 .FTEU3 index of top shares was little changed. Japan's Nikkei .N225 lost nearly 1.5 percent. [ID:nLDE61N1GK] [ID:nLDE61N0PI]
U.S. stocks suffered their biggest one-day decline louboutin sale in nearly three weeks on Tuesday after a private report showed a sharp drop in consumer confidence, heightening worries about the economy. (Reporting by Edward Krudy; editing by Jeffrey Benkoe)
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