Asian shares and US futures were mostly higher Wednesday after a retreat on Wall Street wiped out all of the S&P 500’s post-U.S. election gains. China announced it intends to keep its economy growing at around a 5% annual pace in 2025,

Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500