Nasdaq Reaches New High as Stocks Rise Amid Rate Cut Expectations

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Source: CNBC
Nasdaq Reaches New High as Stocks Rise Amid Rate Cut Expectations
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TL;DR Summary

U.S. stock futures are steady after the Nasdaq hit a new high, with investors awaiting key inflation data that could influence Federal Reserve decisions. Major indices closed higher in the previous session, driven by tech stocks, but concerns remain over upcoming inflation reports and their impact on interest rate policies. Notable after-hours moves include Fox and Dell Technologies shares reacting to corporate news.

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