Chinese and European stocks are edging higher, while US futures are gaining. Boeing's crash woes are set to drag the Dow lower.
Federal Reserve Chairman Jerome Powell attempted to calm investors' nerves"I would say there's no reason why this economy cannot continue to expand," he said, reiterating the bank's"patient" stance on raising rates."We don't feel any hurry to change our interest-rate policy.". That helped sentiment after a bout of bad data over the weekend, which included a sharper drop in new bank loans than expected in February and tepid money supply growth.
Shocking US jobs data on Friday hit sentiment already rocked by the biggest weekly decline in Wall Street's main indexes since mid-December,Here's the roundup as of 10:11 a.m.was up about 2%, while the SZSE Component and DJ Shanghai were up 3.6% and 2%, and Hong Kong's
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