Hard anodized cookware stocks opened firmer on Monday morning after US Federal Reserve Chairman Ben Bernanke left the doorway open for further action to stimulate the economy and fight high joblessness.
US stock futures also edged higher in early Asian trading as Storm Irene, downgraded to tropical storm status, spared the nation's financial centre the actual worst.
The New York Stock Exchange, the Nasdaq Stock Market and the choice BATS venue said they will start the week as usual. There were also no changes towards the trading hours for the US bond market, the Securities Industry and Monetary Markets Association said on Sunday.
Stocks on Wall Street staged a strong rally as the dollar eased on Friday after Bernanke said the central bank's policy panel would meet for 2 days next month instead of one to discuss additional monetary stimulus, offering some aspire to investors.
The US dollar remained pressured on Monday as its measure towards a trade-weighted basket of currencies traded flat. It recovered slightly from its losses gainst the euro that was last trading at $1. 4478.
Speaking at the Fed's annual retreat within Jackson Hole, Wyoming, Bernanke said it was critical for the economy's health to lessen long-term joblessness.
Hopes for fresh stimulus for the US pushed the MSCI Asian countries Pacific ex-Japan up 0. 7%. South Korea's KOSPI, the Asian market most tailored for a global economic recovery, led gains and was up 1%.
Japan's Nikkei had been trading down 0. 1% on subdued volumes ahead of a leadership election within the ruling party that will decide the country's next prime minister.
In item markets, US crude futures headed higher but gains were limited as most oil refiners weathered the worst from the Irene's fury.
NYMEX crude for October delivery was up 8 cents from $85. 46 a barrel by 4: 50 am IST, after settling upward 7 cents at $85. 37 on Friday on firm Wall Street increases.
Futures exchange operator Intercontinental Exchange said it would delay openings for floor trading for many US futures products, including sugar and cocoa, by an hour.
US stock futures also edged higher in early Asian trading as Storm Irene, downgraded to tropical storm status, spared the nation's financial centre the actual worst.
The New York Stock Exchange, the Nasdaq Stock Market and the choice BATS venue said they will start the week as usual. There were also no changes towards the trading hours for the US bond market, the Securities Industry and Monetary Markets Association said on Sunday.
Stocks on Wall Street staged a strong rally as the dollar eased on Friday after Bernanke said the central bank's policy panel would meet for 2 days next month instead of one to discuss additional monetary stimulus, offering some aspire to investors.
The US dollar remained pressured on Monday as its measure towards a trade-weighted basket of currencies traded flat. It recovered slightly from its losses gainst the euro that was last trading at $1. 4478.
Speaking at the Fed's annual retreat within Jackson Hole, Wyoming, Bernanke said it was critical for the economy's health to lessen long-term joblessness.
Hopes for fresh stimulus for the US pushed the MSCI Asian countries Pacific ex-Japan up 0. 7%. South Korea's KOSPI, the Asian market most tailored for a global economic recovery, led gains and was up 1%.
Japan's Nikkei had been trading down 0. 1% on subdued volumes ahead of a leadership election within the ruling party that will decide the country's next prime minister.
In item markets, US crude futures headed higher but gains were limited as most oil refiners weathered the worst from the Irene's fury.
NYMEX crude for October delivery was up 8 cents from $85. 46 a barrel by 4: 50 am IST, after settling upward 7 cents at $85. 37 on Friday on firm Wall Street increases.
Futures exchange operator Intercontinental Exchange said it would delay openings for floor trading for many US futures products, including sugar and cocoa, by an hour.