Asian shares climbed after China pledged more steps to revive consumption. US equity futures slid as Treasury Secretary Scott Bessent dismissed the market’s recent decline as healthy.
US equity futures declined after comments from Treasury Secretary Scott Bessent downplaying recent market drops. Asian shares rose following data indicating expanding consumption in China. Oil prices increased due to optimism about Chinese demand. The dollar and euro remained relatively stable, and European stock futures suggested a steady open. Investors are awaiting upcoming economic data from the US and decisions from the Federal Reserve.
