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Stock market news today: US stocks set for rebound as investors wait for key inflation data

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Investors are looking to the Fed-favored inflation data to calibrate the timing and depth of rate cuts.

US stocks rose before the bell on Friday, poised for another comeback bid as investors waited for crucial inflation data that will test high expectations for interest-rate cuts.Stocks are looking positive after a volatile series of sessions that have put the major gauges on track for hefty weekly losses. The Nasdaq Composite have taken a bruising as Big Tech earnings undermined confidence in the AI trade, spurring the ongoing exodus from megacaps into small cap stocks.

Plus: How the age question has flipped in the presidential election. | Most violent crimes in U.S. cities are back down to pre-pandemic levels. Earnings Release: Wednesday, July 31, 2024, Before Market OpensConference Call and Webcast: Wednesday, July 31, 2024, at 8:30 a.m. ET MONACO, July 26, 2024 -- Costamare Inc. , announced today that it will release its results for the second quarter ended June 30, 2024 before the market opens in New York on Wednesday, July 31, 2024. Conference Call Details: On Wednesday, July 31, 2024 at 8:30 a.m.

Small caps jumped as the Nasdaq and Nvidia fight AI fatigue. ServiceNow broke out. The Fed's key inflation gauge is due.Netflix is rapidly expanding its Korean unscripted TV content slate. It will launch ten shows this year, more than double the number from 2022. They range from romance to cooking and comedy. Yoo Hi-kwan director of content at Netflix Korea, says quantity was not the goal.

 

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