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
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.
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