08:23 AM EDT, 06/25/2025 (MT Newswires) -- US equity futures were little changed pre-bell Wednesday ahead of the second day of Federal Reserve Chair Jerome Powell's semi-annual monetary policy testimony before the US Congress, while the fragile peace process for the Middle East remained in the backdrop.

Dow Jones Industrial Average futures were flat, S&P 500 futures were up 0.2%, and Nasdaq futures were up 0.3%.

Powell will return to Capitol Hill at 10 am ET for day 2 of his testimony, this time speaking before the Senate Banking, Housing and Urban Affairs Committee.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.3% at $66.36 per barrel and US West Texas Intermediate crude up 0.5% at $64.69 per barrel.

The May new home sales report, scheduled for release at 10 am ET, is expected to show that the number of newly constructed home sales fell to a 694,000 annual rate in May from 743,000 previously, according to estimates compiled by Bloomberg.