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Futures Edge Higher After Stocks Grind Out Modest Gains

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Stocks,Futures,Earnings

Stock futures edged higher after major U.S. stock indexes closed out a bumpy week with modest gains, fueled by a strong jobs report and anticipation of upcoming earnings releases.

The move in futures comes after a bumpy week for stocks that saw the major averages grind out modest gains. The S&P 500 added 0.22% for the week, while the Nasdaq Composite inched up 0.10% and the Dow added 0.09%.

It was the fourth winning week in a row for all three averages, helped by a stronger-than-expected jobs report on Friday that gave more support to the idea that the Federal Reserve may pull off a""Two old adages on Wall Street: don't fight the trend and don't fight the Federal Reserve. ... These remain among two key pillars for today's equity market," Truist Wealth co-chief investment officer Keith Lerner said in a note Friday.

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