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Futures turn negative after hot PPI data douses rate-cut bets – Yahoo Finance

Medha Singh and Ankika Biswas (Reuters) – Wall Street got off to a subdued start on Friday as investors digested mixed earnings from big banks, while a slightly better-than-expected producer price index helped temper expectations that the Federal Reserve will start easing interest rates in September. JPMorgan Chase & Co.’s second-quarter profit rose on higher […]