US stocks rise ahead of Powell speech; Salesforce shines, Foot Locker falls

Investing.com -- US stocks rose Wednesday with focus turning to an upcoming address by Federal Reserve Chair Jerome Powell for more cues on interest rates.is set to speak later Wednesday, potentially offering up more cues on the central bank’s plans for interest rates.

Trump recently threatened higher tariffs against a slew of countries, including the BRICs bloc, Canada, and Mexico. By 09:40 ET, the US crude futures climbed 0.1% to $69.98 a barrel, while the Brent contract rose 0.1% to $73.69 a barrel.

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Stock market today: S&P 500 falls as Powell signals careful rate-cut path aheadStock market today: S&P 500 falls as Powell signals careful rate-cut path ahead
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