U.S. stock index futures were slightly lower Wednesday morning.
It has raised hopes that a deal can be agreed by leaders at a key summit on Thursday. Sterling initially jumped above $1.28 on the news, a level not seen since late May, before paring gains as uncertainties remained.
A crucial two-day summit of EU leaders begins in Brussels on Thursday. It is the last such meeting currently scheduled before the fast-approaching Brexit deadline. The world's fifth-largest economy is due to leave the EU on October 31 and Prime Minister Boris Johnson has repeatedly insisted he will not request another delay.Wednesday that it would take countermeasures against the U.S. in response to a bill that favors Hong Kong protesters.that requests various government departments to consider whether political developments in Hong Kong require the U.S. to change the region's special trading status.
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