• Asian stocks look poised to rise after a choppy US session saw major benchmarks post modest gains.
• Australian stocks edged higher in early trading, while futures for Japan and Hong Kong gained. A late-day rally in the US lifted the S&P into the green with the tech-heavy Nasdaq 100 leading the bounce higher. An index of Chinese companies traded in the US pared losses into the close.
• Equities on Wall Street struggled to gain traction for much of the day as traders assessed Jerome Powell’s latest comments and prospects for higher interest rates.