Stock market today: US futures steady with big bank earnings on deck

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Earnings Reports News

Nasdaq Composite,Inflation Data

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.

US stocks trod water on Friday after a tech-driven sell-off, as investors awaited earnings reports from big Wall Street banks and inflation data that could test buoyant rate-cut hopes.) on the docket Friday. Their second-quarter results could test the rally in big bank stocks, which have outperformed the broader market.) and the "Magnificent 7" techs — which just booked their worst day in almost a year — to the likes of utilities and real estate stocks..

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