US. Stock index futures were slightly lower Wednesday morning as market participants eagerly awaited comments from the world's most powerful central banker.
At around 03:35 ET, the Dow futures fell 63 points, indicating a negative open of more than 64 points. The futures on the S & P and Nasdaq were both slightly lower.
The market focus is largely aligned with the testimony of Federal Reserve Chairman Jerome Powell. Investors are eager to confirm or confuse the expectations of easing US policy this month.  Over the next two days, Powell is expected to talk about slowing economic activity and heightened risks ̵
At the data front, the wholesale numbers for May are published around 10:00 CET.
In corporate news, AngioDynamics and MSC Industrial Direct will report their most recent quarterly profit before the opening bell.
AAR, Bed Bath & Beyond and PriceSmart are expected to publish their results after the market closes.
– Patti Domm of CNBC contributed to the report.