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Stock market today: US futures rise with jumbo Fed cuts back on the table

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Nasdaq 100 Futures Notizia

Federal Reserve,Basis Point,New York Fed

The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up overnight.

US stock futures edged higher on Friday, setting the stage for strong weekly wins after Wall Street's expectations for a jumbo interest-rate cut by the Federal Reserve shot up overnight.) added 0.1% to point to a fifth day of gains for both gauges amid a comeback for tech stocks. Dow Jones Industrial Average futures fell early Friday, down 3 basis points at around 3.65%. At the same time, the yield on 2-year notes, seen as sensitive to monetary policy, dropped to just above 3.58%.

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President Vladimir Putin has delivered a clear message to the West about the consequences it will face if it allows Ukraine to hit Russian territory with Western long-range missiles, the Kremlin said on Friday. Putin said on Thursday that the West would be directly fighting with Russia if it allowed Ukraine to strike Russian territory with Western-made long-range missiles, a move he said would alter the nature and scope of the conflict.

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