23/4/2025, 6:13:03 pm

Wall Street poised for gap up opening with US Futures soaring up to 3%

Wall Street futures surged, with S&P 500 up 2.3%, Nasdaq 2.7%, and Dow 1.78%, after President Trump indicated he won't replace Fed Chair Jerome Powell, easing concerns. Tesla rose 6% in premarket trading as Elon Musk stepped down from government roles. Global markets also gained, with European and Asian indices rising, while Indian markets extended their rally for the seventh consecutive session.