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Wall Street futures steady before inflation report
Stock index futures on Wall Street settled at the end of September after limited fluctuations, with the S&P 500 and Nasdaq declining by 0.2%, while the Dow Jones remained steady. This occurred amid investors awaiting upcoming U.S. inflation data and rising yields on 10- and 30-year U.S. Treasury bonds, with expectations of a 25 basis point increase in interest rates. Despite ongoing tensions, Federal Reserve remarks suggested some easing; the President of the New York Fed indicated there is no rush to raise interest rates, as the probability of a hike next month has dropped to 49%.
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