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The Dow Jones has rebounded from 50,000 support, but bank earnings and CPI could test the recovery as the index faces resistance on the path towards 55,000.
From August 3rd to 7th, the Dow Jones and Nasdaq Composite skyrocketed at least 1,300 points in terms of weekly performance, while the S&P 500 index soared over 250 points.
S&P 500 futures prediction for October 12: Wall Street watches Treasury yields, inflation data, bank earnings and market sentiment for direction.