Futures mixed as chip equipment, auto stocks decline; rate-pause hopes support sentiment

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(Reuters) - Wall Street index futures were mixed on Friday as shares of Ford and General Motors as well as chip-equipment makers declined in premarket ...

- Wall Street index futures were mixed on Friday as shares of Ford and General Motors as well as chip-equipment makers declined in premarket trading, while investors remained optimistic - Wall Street index futures were mixed on Friday as shares of Ford and General Motors as well as chip-equipment makers declined in premarket trading, while investors remained optimistic about a likely pause in U.S. interest-rate hikes.

SoftBank's Arm Holdings gained 8.7% in premarket trading after a stellar Nasdaq debut on Thursday, rekindling hopes of a turnaround in the initial public offering market. Arm's successful premiere has prompted grocery-delivery company Instacart to raise its IPO target price, according to a report. Traders see a 97% chance of the Federal Reserve holding rates steady in its Sept. 20 policy meeting and a near 65% likelihood of a pause in November, according to the CME FedWatch Tool.

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Stock market today: Wall Street churns a bit higher in early tradingNEW YORK (AP) — Stocks are churning slightly higher on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 was up 0.
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Stock market today: Wall Street churns after highly anticipated inflation dataNEW YORK (AP) — Stocks churned to a mixed close on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 managed a gain of 0.
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Stock market today: Wall Street opens higher after retail, inflation dataNEW YORK (AP) — Stocks are ticking higher on Wall Street with hopes that central banks around the world are close to done with their hikes to interest rates. The S&P 500 was up 0.5% in early trading Thursday.
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Stock market today: Wall Street climbs as stocks worldwide riseNEW YORK (AP) — Stocks rose on Wall Street after a blizzard of reports suggested the U.S. economy is still humming, though inflation may be too. The S&P 500 climbed 0.8% Thursday. The Dow rose 331 points and the Nasdaq composite added 0.8%.
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