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Stocks jump, Fed hike, Apple, Tesla, Live Nation-5 things to know

Stocks jump, Fed hike, Apple, Tesla, Live Nation-5 things to know

Here are five things you need to know for Wednesday, March 16:

1. — Stock futures extend gains on China stimulus, Russian-Ukrainian talks

U.S. equity futures extended gains on Wednesday, with Treasury bond yields rising firmly, as investors reacted to Chinese authorities’ pledge to support the Covid-hit economy while bracing for the decision. today on Federal Reserve rates later this afternoon.

Chinese Vice Premier Liu He said Beijing would roll out a series of measures in the coming weeks to support growth in the world’s second-largest economy, which is experiencing a worrying spike in coronavirus infection, while pledging at the same time to ensure the stability of the financial markets.