Stock futures edge up ahead of opening

[February 24, 2010]  HORSHAM, Pa. (AP) -- Stock futures are slightly higher as investors remain cautious about the strength of the economy ahead of Federal Reserve chief Ben Bernanke's testimony before Congress.

Overseas markets mostly fell Wednesday.

Investors will be listening to the central bank chairman's remarks for signs about the outlook for interest rates and the economy.

The Commerce Department releases its monthly new home sales report after the market opens. It is expected to show a rebound from last month's reading.

Dow Jones industrial average futures are up 6, or 0.1 percent, to 10,305. Standard & Poor's 500 index futures are up 0.50, or 0.1 percent, at 1,097.70, while Nasdaq 100 index futures are up 4.00, or 0.2 percent, at 1,805.

[Associated Press; By IEVA M. AUGSTUMS]

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