U.S. stock index futures pointed to a higher open again Wednesday morning, after ending a lengthy winning streak following President Donald Trump's skeptical comments on the ongoing U.S.-China trade war. At around 4.35 a.m. ET, Dow futures were up by around 36 points and indicated a positive open of more than 37 points. The S&P 500 and Nasdaq were also seen moving higher. Trump on Tuesday said the world™s two largest economies have a "long way to go" on trade, and suggested that the U.S. could impose sanctions on an additional $325 billion worth of Chinese goods. The comments come...

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Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month. In an appearance before his congressional overseers on Wednesday, Powell confirmed that the U.S. economy is still under threat from disappointing factory activity, tame inflation and a simmering trade war. Powell said the central bank...

Tokyo stocks opened higher on Wednesday, extending rallies on Wall Street after dovish testimony from Federal Reserve Chair Jerome Powell that offered the prospect of looser monetary policy. The benchmark Nikkei 225 index was up 0.16 percent or 34.71 points at 21,568.19 in early trade, while the broader Topix Index was up 0.19 percent or 3.02 points at 1,574.34. Source : AFP

Hong Kong stocks ended on a positive note Wednesday with attention now turning to the start of key congressional testimony from Federal Reserve boss Jerome Powell later in the day. The Hang Seng Index added 0.31 percent, or 88.41 points, to 28,204.69. The benchmark Shanghai Composite Index slipped 0.44 percent, or 12.93 point, to 2,915.30, while the Shenzhen Composite Index, which tracks...

The benchmark S&P 500 closed higher on Wednesday after briefly crossing the 3,000-point mark for the first time following dovish remarks from Federal Reserve Chairman Jerome Powell boosting the case for an interest rate cut this month. The Dow Jones Industrial Average rose 76.71 points, or 0.29%, to 26,860.2, the S&P 500 gained 13.43 points, or 0.45%, to 2,993.06 and the Nasdaq...

U.S. stocks rose Wednesday, though off session highs at midday, after testimony by Federal Reserve Chairman Jerome Powell before Congress was seen indicating a likely interest rate cut later this month. The Dow Jones Industrial Average rose 69 points, or 0.3%, at 26,850, while the S&P 500 index  advanced 9 points, or 0.3%, to 2,989. The Nasdaq Composite index added 36 points, or 0.5%,...

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