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US stock futures were mixed on Thursday ahead of the first trading session of the fourth quarter, with investors assessing higher Treasury yields, Micron’s (NASDAQ:MU) latest outlook and upcoming economic data. At 03:34 ET (07:34 GMT), Dow futures were down 219 points, or 0.
Trumpflation is evolving, which may require the Fed to get more aggressive in its fight against persistently elevated inflation.
US stocks trade cautiously as Treasury yields, oil, Fed rate bets, jobs data and AI earnings shape the outlook for Wall Street in October.