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US futures rise as equities shrug off Powell warning on rates of interest

Newsican Admin by Newsican Admin
March 8, 2023
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US futures rise as equities shrug off Powell warning on rates of interest
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European equities recouped most of their early losses by mid session on Wednesday as traders weighed the affect of feedback from the Federal Reserve that it’d increase rate of interest rises to battle inflation.

The region-wide Stoxx 600 was flat whereas London’s FTSE 100 and the Cac 40 in Paris each misplaced 0.1 per cent. Germany’s Dax rose 0.1 per cent after industrial manufacturing information was stronger than anticipated.

US futures ticked up barely on Wednesday, with the blue-chip S&P 500…



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