US STOCKS-Futures pare gains slightly after Yellen comments

miércoles 10 de febrero de 2016 10:06 GYT

* Yellen sees "gradual" adjustments to monetary policy

* Banks stocks rise

* Disney falls as ESPN profit drops

* Futures up: Dow 97 pts, S&P 14.5 pts, Nasdaq 53.5 pts (Adds details, comment, updates prices)

By Abhiram Nandakumar

Feb 10 (Reuters) - Wall Street was set to open higher on Wednesday, but U.S. stock futures eased some of their gains after Federal Reserve Chair Janet Yellen said conditions in the United States would allow the Fed to pursue "gradual" adjustments to monetary policy.

However, tightening financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the U.S. economy off track from an otherwise solid course, Yellen said in a prepared testimony to Congress.

Uncertainty over interest rates had hit bank stocks in recent days. Shares of Goldman Sachs and JPMorgan rose about 1.8 percent premarket. Citigroup, Bank of America and Morgan Stanley rose above 2 percent.

Yellen is scheduled for an appearance before the House Committee on Financial Services at 10:00 a.m. ET (1500 GMT).   Continuación...