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The Street
The Street
By Martin Baccardax Stocks are treading water ahead of a crucial June Jobs report that could test Wall Street’s modest July rally. U.S. equity futures traded mixed Friday, while the dollar test fresh new highs against its global peers and Treasury bond yields continued to flash recession warnings, as investors pulled back from a four-day rally on Wall Street ahead of key jobs data later in the session. The S&P 500 is up 3.1% so far this month amid bets that the coming earnings season, set to kick-off next week, may prove to be more resilient than analysts’ expect and that Federal Reserve offic…
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