In Asian markets, Japan's Nikkei Stock Average rose 0.51 percent, Hong Kong's Hang Seng Index climbed 1.29 percent, China's Shanghai Composite Index rose 0.23 percent and India's BSE Sensex rose 0.48 percent.
At the March meeting, the Fed raised its benchmark federal-funds rate by a quarter percentage point to between 1.5% and 1.75%.
Analysts expect quarterly profits for S&P 500 companies to rise 18.5 percent from a year ago, which would be the biggest gain in seven years, according to Thomson Reuters I/B/E/S.
The STOXX Europe index of companies in 17 European countries fell 0.35 per cent, with the trade-exposed auto sector the leading sectoral loser, down 1.7 per cent.
NEW YORK, April 10 (Reuters) - U.S. stocks were higher on Tuesday as investor concerns about rising U.S.
The so-called FANG stocks - Facebook Inc, Amazon.com, Netflix Inc and Alphabet Inc's Google - were up between 1 percent and 2.6 percent ahead of Facebook CEO Mark Zuckerberg's testimony before USA lawmakers on Tuesday and Wednesday.
Since at least the mid-1990s, the S&P SmallCap 600 Energy Index has risen much more than the oil price when oil has risen, and fallen much more than oil when oil has fallen.
Technology companies and banks had some of the biggest losses in early trading Wednesday.
Shares of major US automakers such as General Motors, Ford, Fiat Chrysler and Tesla were up between 2 percent and 3 percent following Xi's comments.
Karnataka assembly polls: BJP declares the first list of candidates
He found mention in the first list of candidates, with the BJP fielding him from Alzalpur constituency. Karnataka is scheduled to go for Assembly election in May this year.
The Dow Jones industrial average increased 345 points, or 1.4 percent, to 24,279.
Stocks are opening solidly higher on Wall Street, led by gains in big technology companies.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.81 percent.
The S&P 500 index showed six new 52-week highs and one new lows, while the Nasdaq recorded 36 new highs and 22 new lows.
Banks were also higher as bond yields rose.
Microsoft and Alphabet each fell 1.1 percent, while JPMorgan Chase gave back 1.7 percent. Futures for the Nasdaq 100 index surged 51.25 points to 6,512.00.
Global markets came under pressure last week as the United States and China threatened each other with tens of billions worth of tariffs.
The broad-based S&P 500 gained 1.7 per cent to 2,656.46, while the tech-rich Nasdaq Composite Index advanced 1.6 per cent to 7,061.91.