💨 Abstract

Asian shares were mostly up and U.S. futures slipped after President Trump discussed firing Fed Chair Jerome Powell, who has resisted cutting interest rates. This move could boost the economy but might also fuel inflation. The Nikkei 225, Hang Seng, Shanghai Composite, and others saw gains, while the Sensex in India fell slightly. The S&P 500, Dow, and Nasdaq closed higher on Wednesday before Trump's comments caused a brief dip.

Courtesy: WTOP Staff