Asia-Pacific Markets Mixed, US Futures Recover After Hawkish Fed
Asia-Pacific equities opened mixed with a positive bias, while U.S. stock futures recouped some losses from the hawkish FOMC outcome, buoyed by the U.S.-Iran memorandum of understanding.
Asia-Pacific equity markets kicked off the session on a mixed note but tilted toward positive momentum. In the U.S., futures partially recovered from the sell-off triggered by the Federal Reserve’s hawkish policy stance.
The bounce in futures was supported by the signing of a memorandum of understanding between the United States and Iran, a development that helped ease some geopolitical uncertainty.
Source: First Squawk