US Stock Futures Surge as Trump Eases Fed Tensions; Tesla Sees Gains

Reported about 18 hours ago

US stock index futures soared on Wednesday following President Trump's retraction of threats to fire Federal Reserve Chair Jerome Powell, fostering optimism for a US-China trade deal. Tesla's shares rose 6.3% in premarket trading, buoyed by strong earnings from its auto business. Markets responded positively to Trump's shift in tone, which alleviated concerns that had led to declines in US assets earlier this week. Major tech stocks also saw significant gains amidst these developments.

Source: YAHOO

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