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US Stock Futures Soar as Geopolitical Relief and Soft Jobless Claims Offset Hawkish Fed Bias

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The Story

News Summary

  • US stock futures rebound as positive Philly Fed manufacturing data and a potential US-Iran peace agreement boost investor optimism, offsetting hawkish FOMC signals.
  • Meanwhile, jobless claims continue to rise slightly, hinting at a cooling labor market ahead of next week's PCE report.
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673.31 +4.18% over the displayed period

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