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Dow, S&P 500, Nasdaq futures surge as Fed fires up rally

US stock futures soared on Thursday amid growing optimism that the Federal Reserve’s bumper interest-rate cut will deliver a “soft landing” for the US economy. S&P 500 futures (ES=F) climbed 1.6%, while Dow Jones Industrial Average futures (YM=F) rose 1.2%, both setting the stage for fresh record highs. Contracts on …

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