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Benzinga
Benzinga
Business
Shanthi Rexaline

S&P 500, Nasdaq Futures Pull Back: All Eyes On Fed Chair Powell's Jackson Hole Speech Today

The major U.S. index futures turned lower on Friday, reversing course from the previous session's sharp advances.

On Thursday, the U.S. market extended its gains for a second straight session as investors bought beaten-down stocks, taking advantage of the declines seen since mid-August. A couple of better-than-expected Main Street readings served to buoy sentiment.

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