Wall Street Preview: Investors Await James Comey's Testimony

U.S. stock futures were rising Thursday ahead of a potential triple threat of events: testimony from former FBI director James Comey before the Senate Intelligence Committee; a general election in the U.K.; and a European Central Bank policy meeting.

Stocks in the U.S. rose on Wednesday but in noncommittal trading as Wall Street looked to Thursday. The S&P 500 rose 0.15%, the Dow Jones Industrial Average gained 0.18%, and the Nasdaq rose 0.36%.

In prepared testimony released on Wednesday, Comey detailed his numerous meetings with Donald Trump since January. Comey said he had not told Trump that he would cease investigations into former National Security Adviser Michael Flynn despite Trump's request. Comey also said that Trump had said, "I need loyalty. I expect loyalty." Comey based his testimony on his recollections and a series of memos composed after several meetings.

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This article was written by a staff member of TheStreet.