India, July 23 -- The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to move to the upside after ending the previous session mixed.
The upward momentum on Wall Street comes after President Donald Trump announced trade deals with Japan and the Philippines.
The "largest ever" U.S. trade deal with Japan features a 15 percent tariff on Japanese exports and includes a commitment from Tokyo to invest $550 billion in the United States and open its markets for American vehicles, rice, and other agricultural goods.
Trump claimed the U.S. would receive 90 percent of profits from the agreement and that the pact could generate hundreds of thousands of American jobs.
According to Trump, the new trad...