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Stock Market News: S&P 500 Nears 5,000 Amid Earnings, Fed Comments

Stocks dip, futures rise as traders mull inflation: markets wrap

MONEYWEB app instead? Crude oil headed lower, while gold ticked up. By Andreea Papuc, Bloomberg 3 May 2021  08:19  Image: Bloomberg US equity futures climbed and stocks in Asia dropped Monday as investors assessed inflation risks amid improving economic activity. The dollar held onto gains. Hong Kong led losses amid low volumes with Japan and China, as well as the UK, among markets closed for holidays. US and European futures edged higher after the S&P 500 dropped from a record Friday, amid data pointing to price pressures and talk of a possible pullback in central bank support. Still, the US gauge capped its biggest monthly rally since November.

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