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Empresas y finanzas

Stock index futures point to higher Wall Street open


    (Reuters) - Stock futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes were up 0.3-0.6 percent, pointing to a higher start on Wall Street.

    Fed Chairman Ben Bernanke was due to testify before the Senate Budget Committee at 10:00 a.m. EST, while Treasury Secretary Timothy Geithner was due to appear at the House Ways and Means Committee at 12:30 p.m. EST.

    Pending Home Sales Index for January and monthly Housing Forecast were due at 10:00 a.m. EST.

    Automakers report U.S. sales for February. In January, U.S. auto industry sales plunged 37 percent and hit the lowest monthly annualized selling rate in 27 years. * Shares in Genzyme Corp fell 3.3 percent to $54.68 in extended trade on Monday after the company said it had received a complete response letter from the FDA for its application to market Lumizyme for the treatment of Pompe disease.

    U.S. stocks slid to 12-year lows on Monday as a record $61.7 billion loss for AIG and another government bailout for the insurer heightened concerns about the extent of the damage to the financial system.

    (Reporting by Atul Prakash; Editing by Dan Lalor)