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Nasdaq, S&P Futures Rise As Traders Eye Powell’s Speech For Interest Rate Cues — Tesla Gains, Energy And China Stocks In Focus

Trading in the index futures suggests that stocks may open mostly higher on Wednesday, with the Nasdaq Composite and the S&P 500 Index potentially snapping a three-session losing streak.

BABA

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Alibaba, Nio Rise Over 2%: Hong Kong Stocks Firm As Easing Developer Regulations Outweigh China COVID-19 Protests

Hong Kong stocks opened higher on Tuesday, with the benchmark Hang Seng rising 3% in morning trade, despite continuing unrest in China over Xi Jinping’s strict COVID-19 restrictions. Investors and traders weighed in some good news on the Chinese regulatory front that intends to support the property sector.

BABA