Stocks trading higher today

Stocks are moderately higher in early trading as investors await testimony from top federal economic officials before Congress about efforts to hammer out a $700 billion financial rescue plan.
   
Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke and Securities and Exchange Commission Chairman Christopher Cox are scheduled to testify Tuesday and Wednesday before lawmakers, who are working with the Bush administration to complete the details of the proposed bailout.
   
Bernanke warned in prepared remarks that “the implications for the broader economy could be quite adverse” if current economic turmoil persists.
   
The Dow Jones industrials are up 34 at the 11,050 level.