U.S. stock index futures edged higher on Thursday, ahead of a reading later in the day that is expected to add to the narrative of easing inflation and an end to the Federal Reserve’s rate hiking cycle. The three main indexes are on course for their best November since 2020, with the S&P 500 (.SPX) and the tech-heavy Nasdaq (.IXIC) also poised for their biggest month since July 2022. Signs of cooling price pressures, dovish pivot in comments from some Fed officials and strong quarterly earnings have all driven equities to rally in the last couple weeks. On Wednesday after some conflicting policy rate […]
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