Wall Street eyes fourth day of gains with tech set to lead again

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Wall Street eyes fourth day of gains with tech set to lead again
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Samsung's well-received update buoys chipmakers, setting Wall Street up for more gains on Thursday.

US stock futures edged higher, leaving Wall Street on course for a fourth consecutive day of gains, with chipmakers expected to lead the rally.

How are stock-index futures trading On Wednesday, the Dow Jones Industrial Average DJIA rose 70 points, or 0.23%, to 31038, the S&P 500 SPX increased 14 points, or 0.36%, to 3845, and the Nasdaq Composite COMP gained 40 points, or 0.35%, to 11362. Meanwhile, equity investors appear to have decided that the latest Federal Reserve minutes, released on Wednesday, contained little to be concerned about.

In Asia, the Shanghai Composite SHCOMP rose 0.3% despite lingering concerns about Beijing’s zero-COVID 19 policy.

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