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🌎WEDNESDAY'S HIGHLIGHTS: MARKET UPDATE

🌎WEDNESDAY'S HIGHLIGHTS: MARKET UPDATE

Day: 10 | Time: 14:43:30 Wednesday's highlights include the consumer price inflation report and Federal Reserve Chairman Jerome Powell's second testimony on monetary policy. Trading activities may be somewhat limited. During the Asian trading session, gold saw an increase while oil continued to decline for the fourth consecutive day. US futures suggest a higher opening on Wall Street. The major US indices closed higher on Tuesday. Dow, S&P 500, and Nasdaq 100 futures indicate a possible higher opening. Wholesale inventory data for May and the oil status report will be released during the day. Federal Reserve Chairman Jerome Powell will testify on monetary policy before the House Financial Services Committee. In Asia, stock markets closed mixed, while European stocks are seeing an increase.