CNBC Daily Open: No news is good news for Wall Street

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Stocks regain ground
Wall Street ended Wednesday's session higher, snapping a two-day losing streak. The Dow finished about 0.2% higher. The S&P 500 and Nasdaq Composite added around 0.5% and 0.6%, respectively, as investors looked ahead to Fed Chair Jerome Powell's second day of testimony on Capitol Hill.

Powell reiterates stance
Powell repeated that the central bank isn't ready to start lowering interest rates, in prepared remarks for his first day of testimony on Capitol Hill. His remarks broke no new ground on monetary policy, but highlighted officials were still concerned about not losing the progress made against inflation.

Microsoft's disturbing AI content
Shane Jones, who's worked at Microsoft for six years, has been testing the tech giant's AI image generator and warned about the sexual and violent content the tool was creating. He said the company isn't taking appropriate action.

China banks' reserve cut
Pan Gongsheng, governor of the People's Bank of China, signaled there was room to further cut banks' reserve requirements. Pan and other key leaders of the country's economy and financial sector were speaking on the sidelines of the annual parliamentary meetings.

[PRO] India's promising ETFs
Tapping India's promising market isn't as straightforward for foreign investors as buying shares listed on the Indian stock exchanges. Portfolio managers highlight one of the simplest routes is through ETFs that specifically track indexes comprised of Indian stocks.

No news is, perhaps, good news as