Wall Street was set for a slight fall on Wednesday, after a strong run that has taken share prices to their highest levels in more than two and a half years, and with investors awaiting the latest batch of earnings in a reporting season in which most companies have beaten forecasts.
At 0913 GMT futures for the Dow Jones, S&P 500 and Nasdaq were down between 0.1 and 0.2 percent.
The FTSEurofirst 300 <.FTEU3> index of leading European shares was flat at 1,176.32 points.
The London Stock Exchange
French drugmaker Sanofi-Aventis
Federal Reserve Chairman Ben Bernanke testifies at a congressional budget committee hearing chaired by one of the most prominent Republican proponents of spending cuts -- Representative Paul Ryan, who has said any vote to increase the debt ceiling must be twinned with a commitment to lower long-term spending.
Profit is expected to rise in IntercontinentalExchange's
Tech bellwether Cisco
On Tuesday the Dow notched up a seventh straight day of gains, and reached the highest in more than two and a half years. Surprisingly strong sales by McDonald's
The Dow Jones industrial average <.DJI> was up 0.6 percent; the Standard & Poor's 500 Index <.SPX> was up 0.4 percent; the Nasdaq Composite Index <.IXIC> was up 0.5 percent.
Walt Disney Co's
(Reporting by Brian Gorman; Editing by Greg Mahlich)