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Breather for LIC investors

Allowing LIC time period of 10 years is a welcome step: Analysts

Shanghai, Tokyo, Seoul, Sydney and Hong Kong advanced; Wall St futures up, while London, Frankfurt and Paris opened higher

Wall Street rose Thursday for the first time in three days; Markets up in Europe

Some traders hoped the Fed might ease off rate increases as activity cooled and possibly start to cut rates by the end of this year

The Fed expects no cuts this year and key lending rate stands at 4.50 to 4.75%, up from close to zero a year ago

Traders also are looking forward to corporate earnings reports

Nasdaq, Hang Seng, Nikkei-225, Shanghai Index, Kospi, FTSE-100, Frankfurt's DAX, CAC-40 in Paris, S&P 500, Dow Jones decline

S&P 500 closes down over 10% from all-time high set in Jan