US equity futures climbed, building on Wall Street’s advance after Federal Reserve Chair Jerome Powell said policy makers had made progress in the battle against inflation, raising hopes the central bank is nearing the end of its rate-hike cycle. Contracts on the S&P 500 and Nasdaq 100 rose, with the latter outperforming after the tech-heavy gauge surged 2.2% to a four-month high Wednesday.  Meta Platforms Inc. soared as much as 20% in US premarket trading after the social-media giant’s earnings and buyback news. Pinterest Inc., Alphabet Inc. and Amazon.com Inc. gained in the slipstream. The Stoxx Europe 600 index extended […]

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