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Stock Futures Up as SPX Eyes New High

Stock Futures Up as SPX Eyes New High

U.S. stock futures trended higher ahead of Friday’s session as investors watched major indexes near record highs and awaited key inflation data. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were up 0.11%, 0.15%, and 0.12%, respectively, at 1:09 a.m. EST, June 27.

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In Thursday’s trading, the stock market posted solid gains, with both the S&P 500 and Nasdaq 100 closing near all-time highs. The S&P 500 rose 0.80%, the Nasdaq 100 added 0.94%, and the Dow Jones climbed about 0.9%.

On Friday, all eyes will be on the May reading of the personal consumption expenditures (PCE) price index, a key inflation gauge.

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