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Nasdaq, S&P 500 Futures Stay Afloat As Traders Turn Attention To Producer Price Inflation Report; Broadcom’s Earnings Could Lift Chip Stocks

Trading in the index futures suggests that U.S. stocks could get off to a slightly positive start on Friday. Notwithstanding the early signals, two key economic data will likely direct trading direction in the final session of the week.

AVGO

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S&P 500 Snaps 5-Session Losing Streak But Investor Sentiment Eases

The CNN Money Fear and Greed index showed slight easing in the market sentiment despite US stocks recording gains on Thursday. The S&P 500 closed higher in the previous session, ending its longest losing streak since October. Data released Thursday showed a modest rise in jobless claims, with continuing claims reaching their highest level since February.

GME