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U.S. Stock Futures Dip as Investors Await Key Inflation Data
U.S. Stock Futures Dip as Investors Await Key Inflation Data
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BTCCSquare news:
U.S. stock futures edged lower early Friday, retreating from the S&P 500's record high as markets braced for July's Personal Consumption Expenditures (PCE) data—the Federal Reserve's preferred inflation gauge. The Nasdaq 100, S&P 500, and Dow Jones Industrial Average futures fell 0.33%, 0.22%, and 0.26%, respectively, tempering Thursday's gains fueled by AI-driven optimism.
Snowflake surged 20% after a strong earnings beat, while Dell Technologies and Marvell Technology slumped post-market despite solid results. The focus now shifts to economic indicators that could shape Fed policy and market sentiment.
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