Oct 28 - U.S. stock index futures surged on Monday, poised to recoup some losses from a turbulent trading week as investors prepared for key corporate earnings and the final phase before the Nov. 5 presidential election.
That includes the bulk of the"Magnificent Seven" group of megacap technology giants that have been Wall Street's biggest drivers this year, as equities rallied to all-time highs. Markets seemed largely undeterred by rising Treasury yields, after the prospect of higher rates in the prior week unsettled equities and saw the S&P 500 , and the Dow Jones Industrial Average , snap their six-week winning streaks.
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