Stock Futures Steady Following Market Recovery

Reported about 2 months ago

Stock futures showed little change on Friday morning after a rally on Thursday helped the S&P 500 and Nasdaq recover losses from earlier in August. Despite a slow day for economic announcements, investors reacted positively to strong retail sales and Walmart's earnings, reducing recession fears and tempering expectations for aggressive Federal Reserve rate cuts. Futures for major indexes were all off slightly over 0.1% as the market remains on track for its best week of the year.

Source: YAHOO

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