US futures subdued as investors take stock

AP News
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Posted: May 20, 2013 7:40 AM
US futures subdued as investors take stock

NEW YORK (AP) — U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.

Dow Jones industrial average futures are down 7 points to 15,308. The broader S&P 500 is down less than a point at 1,662.3. Nasdaq futures are down 2.75 points to 3,020.

Investors will be looking forward to Federal Reserve Chairman Ben Bernanke's testimony to Congress, scheduled for Wednesday. The Federal Reserve's super-easy monetary policy has been a factor driving stock indexes to record highs.

European markets were also subdued Monday, with the FTSE 100 flat and German and French markets up slightly.