Key Highlights
- U. S.
- futures rose after steep losses Tuesday on Wall Street.
- The future for the S&P 500 was up 0.3% and that for the Dow Jones Industrial Average rose 0.2%. Gold prices crossed the $4,800 mark for the first time, gaining 1.7% as money flowed into assets considered to be safe havens at times of uncertainty.
- Traders were waiting for Trump’s planned speech at the World Economic Forum in Davos, Switzerland, attended by world leaders, elites and billionaires.
- Trump told reporters he planned to highlight his administration’s accomplishments during his address. Trump's Air Force One returned to Washington after its crew identified “a minor electrical issue” while he was on his way to Davos.
