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Wall Street points to modest gains in a rebound from last week as oil prices slip
Wall Street indices pointed to modest gains as oil prices fell following a sell-off last week. Futures for the S&P 500 and Nasdaq rose, while airlines saw stock increases due to reduced fuel costs amid elevated oil prices linked to Middle East conflict. The U.S. government will release inflation data this week, with analysts expecting no immediate Federal Reserve rate cuts.
Mentioned
S&P 500organizationDow Jones Industrial AverageorganizationNasdaqorganizationBrent crude oiltopicU.S. benchmark crudetopicDeltaorganizationAmericanorganizationUnitedorganizationStrait of HormuzplaceMiddle East conflicttopicJ.M. Smucker Co.organizationDAXorganizationCAC 40organizationFTSE 100organizationKospiorganizationSK HynixorganizationSamsung ElectronicsorganizationNikkei 225organization
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Adjacent reporting
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