Stock futures on Wall Street rise

Stock index futures have started rising to a higher open on Wednesday after closing at a three-month low on Tuesday. Futures for the Dow Jones, S&P 500 and Nasdaq were recorded to be up 0.2 to 0.3% at 5:02 a.m. EST.

Obama plans to discuss a program aimed at preventing foreclosures that will use $50 billion after he had just signed into law a $787 billion stimulus package.

Ben Bernanke, Federal Reserve Chairman, is expected to speak on "The Federal Reserve's Lending Programs and its Balance Sheet."

Among companies who have reported are Hewlett-Packard (HP), with its first-quarter outcomes, and CBS, with its fourth quarter numbers.