US Stock Futures Inch Higher
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US equity futures rose slightly on Friday, buoyed by expectations of Federal Reserve rate cuts and AI spending. Contracts for the main indices showed modest gains. The December jobs report is anticipated to reflect a stable job market, supporting the Fed's potential for two rate cuts this year. Technology stocks had mixed results, with Alphabet and Nvidia expected to rise, while Meta futures fell. Chevron and Valero stocks increased amid uncertainty over Venezuelan oil imports, contrasting with President Trump's trade signals.
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