Premarket: Global stocks attempt post-earnings recovery
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Article Excerpt
Premarket: U.S. stock futures steady as Microsoft offsets Fed concerns
PUBLISHED 1 HOUR AGO
UPDATED 18 SECONDS AGO
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U.S. stock index futures steadied on Thursday after a sharp selloff driven by uncertainty around the Federal Reserve’s policy outlook, while Microsoft’s forecast-beating results soothed investor concerns about massive AI spending by companies.
Microsoft rose nearly 9 per cent in premarket trading after the company forecast current-quarter sa…
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