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Stock Futures Dip As Rate Cut Expectations Diminish

FILE PHOTO: Traders work on the floor of the NYSE in New York

Stock market futures in the United States slipped today as hopes for a rate cut by the Federal Reserve began to fade. Investors are closely watching the upcoming earnings reports from retailers, which will provide insight into the health of the consumer sector.

The decline in futures comes as expectations for a rate cut at the next Federal Reserve meeting have diminished. This shift in sentiment is impacting market sentiment, leading to a cautious approach among investors.

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