U.S. Futures Point Higher
Wednesday,
23-Jan-2019
04:42 PM (IST)
U.S. stock futures are quoted slightly higher after reports that the Senate will vote Thursday on rival proposals to end the partial shutdown of the federal government.The blue-chip Dow futures were up 82 points, or about 0.34%, the S&P 500 futures was up 8 points, or around 0.30%, while the tech-heavy Nasdaq 100 futures indicated a rise of 22 points, a rise of 0.32%.Elsewhere, European stocks were mixed with no clear direction, while markets in Asia closed mostly in negative territory against a backdrop of discouraging trade news.Earlier, the Bank of Japan shaved its forecasts for inflation this year, reassuring markets that its monetary policy will stay easy for the foreseeable future. Markets were also supported by a rise in the yuan after fresh action from the People’s Bank of China to boost domestic liquidity.
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