• China-related stocks are poised for healthy gains on Wednesday, buoyed by Beijing’s latest market rescue efforts and tracking Wall Street after the S&P 500 and Nasdaq 100 closed at all-time highs for a second straight day.
• Futures point to early gains of about 2% in Hong Kong stocks and 1% in China’s benchmark index, while Australian shares edged higher. Stocks in Japan may start slightly down. A gauge of US-listed Chinese shares surged almost 5% on Tuesday after Bloomberg News reported Beijing is considering a package of measures to stabilize its falling stock market.
• US equities gained Tuesday ahead of an onslaught of company reports that promise insight into the state of the global economy. United Airlines Holdings Inc., Procter & Gamble Co. and Verizon Communications Inc. all advanced on upbeat earnings reports while 3M Co. and Johnson & Johnson fell following disappointing guidance.