Wall Street teetered between gains and losses in premarket trading Tuesday ahead of a discussion with Federal Reserve Chair Jerome Powell that might give clues about the central bank's interest rate plans for 2023.
Futures for the benchmark S&P 500 index inched up 0.1%. The Dow Jones Industrial Average was unchanged.
There is concern that the Fed and other central banks might tip the global economy into recession, collateral damage from the fight against inflation. The Shanghai Composite Index rose 0.3% to 3,248.09 and the Hang Seng in Hong Kong advanced 0.6% to 21,298.70. The Kospi in Seoul added 0.6% to 2,451.71.
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