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US Stocks Could Wobble As Powell’s Inflation Obsession Intensifies Rate Uncertainty: Will Nasdaq Wipe Off Week’s Gains?

U.S. stocks are priming for a lackluster open on Friday, with the index futures trading on a narrowly mixed note. Interest rate worries have likely perked up, as reflected by the upward move in bond yields. Traders are also left to digest some disappointing earnings reports. Global cues are negative as well.

$ETC

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US Stocks Set To Open Flat After Hot 7-Day Rally: Traders Sharpen Focus On Powell’s Speech, Disney Earnings

Stock futures indicate a subdued opening on Wednesday after several consecutive gains in major averages. Traders are eagerly awaiting Federal Reserve Chair Jerome Powell’s speech for insights into possible rate cuts. Media earnings, including Walt Disney Co.

AC