U.S. stock futures rises high in Asia after US Federal Reserve Chairman speech

U.S. stock futures hit a record high early on Monday in Asia after U.S. Federal Reserve Chairman Jerome Powell said on Friday that a gradual approach to raising rates remains appropriate to protect the U.S. economy and job growth.

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  • United States

U.S. stock futures hit a record high early on Monday in Asia after U.S. Federal Reserve Chairman Jerome Powell said on Friday that a gradual approach to raising rates remains appropriate to protect the U.S. economy and job growth.

S&P 500 e-mini futures rose as much as 0.15 percent to a record high of 2,881 and were last up 0.13 percent at 2880.5.

The benchmark S&P 500 index hit record highs on Friday following Powell's speech.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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