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US futures rise before Fed decision, trade talks from Investing.com



© Reuters.

Investing.com – US futures showed a higher opening on Wednesday as well-earned Apple's revenue updates (NASDAQ 🙂 and the Advanced Micro Devices chips maker.

The trade is expected to be reasonably muted, as the market expects news late today in the US-China trade talks, as well as the Federal Reserve press conference half an hour after the interest rate at 14:00 ET (19:00) . TIME ZONE). No change in official interest rates is expected.

The trade strains between the world's two biggest economies are lightening, said Tay Cook, Apple CEO, revealing that the company's fourth-quarter earnings were better than expected. His shares rose 5.5% before the opening.

However, worries are still high since the US has charged Huawei and its Chief Financial Officer, Meng Wanzhou, for suspected violations of sanctions against Iran. in Washington on Wednesday and Thursday.

"I expect the Washington Summit to help pave the way for expanding the trade truce, which is also what the markets expect and the failure of the negotiations is not appreciated at all," said Giuseppe Serstele, Fund Manager at Anthilia Capital.

Grow 6 points or 0.24% at 6:41

AM ET (11:41 GMT), while gaining 78 points, or 0.32%. Meanwhile tech-heavy increased by 49 points, or by 0.74%. Amazon.com (NASDAQ 🙂 rose 1.6%, while Advanced Micro Devices Inc. (NASDAQ 🙂 rose 8.8% after its profits were justified, and General Electric (NYSE 🙂 climbed (NYSE 🙂 dropped 1.8%, while Whirlpool (NYSE 🙂 dropped 1.8% and Pacific Gas & Electric (NYSE 🙂 dropped 3.5%.

In commodities rose 0.25% near an eight-month high of $ 1,312.15 per troy ounce while rising 0.77% to $ 53.72 a barrel.

-Reuters contributed to this report. the data contained on this website is not necessarily real-time nor accurate. All CFDs and Forex prices are not provided by stock exchanges, but by market makers, so prices may not be accurate and may differ from the actual market price, which means that the prices are indicative and not suitable for commercial purposes. Therefore, Fusion Media bears no responsibility for any commercial loss you may suffer as a result of using this data.

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