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U.S. Stock Futures Edge Higher Following Fed-Driven Rally
U.S. Stock Futures Edge Higher Following Fed-Driven Rally
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BTCCSquare news:
U.S. stock futures gained modestly Thursday evening, building on a record-breaking session fueled by the Federal Reserve's rate cut. Nasdaq 100, Dow Jones, and S&P 500 futures ROSE 0.09%, 0.19%, and 0.12% respectively as markets digested the policy shift.
The Russell 2000's 2.5% surge to a 2021 high underscored broadening market participation. With weekly gains tracking 0.7% for blue chips and 3% for small-caps, the rally shows no signs of immediate resistance ahead of a quiet Friday for economic data.
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