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Published on 14 Feb 2024 on Benzinga

Why Nasdaq, S&P 500 Futures Are Priming For Relief Rally Today - Invesco QQQ Trust, Series 1...

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With January’s inflation data in the rearview mirror, U.S. stocks could strive to find their footing on Wednesday after hotter-than-expected January inflation data spooked traders in the previous session. The earnings news flow continues to be mixed, although there have been notable upward moves in certain stocks in reaction to quarterly numbers. The lone piece of Main Street catalyst due for the day is a speech by a supposedly “centrist” Fed official.

Cues From Tuesday’s Trading:

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NYSE.KGC price evolution

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