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Stock Futures Edge Up After Inflation Hits 31-Year High

Stock Futures Edge Up After Inflation Hits 31-Year High

U.S. stock futures crept higher Thursday, a day after data showed that inflation had hit a three-decade high, adding to investors’ concerns about price pressures in the global economy.

S&P 500 futures strengthened 0.2% and Dow Jones Industrial Average futures traded flat. Changes in equity futures don’t necessarily predict movements after the opening bell. On Wednesday, the benchmark S&P 500 index, the blue-chip Dow Jones Industrial Average and the tech-heavy Nasdaq Composite all fell.

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