Stock futures on Friday point to Wall Street snapping a four-day losing streak, helped by strength in Apple shares after the tech giant’s results, and an initially fairly mild reaction to the nonfarm payrolls report.
Bulls will be hoping that calmer conditions in the banking sector, easing debt ceiling tensions and acceptance that the Federal Reserve is not now on a preset hiking trajectory, can finally in coming sessions push the S&P 500 SPX above the top of the 3,800 to 4,200 channel it has held for about six months.
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