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Forex

Futures Drift Ahead of Warsh Speech Amid Tech Profit-Taking

Guavy AI Editorial Team
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USD
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US equity futures were stuck in neutral on Friday morning as investors awaited Federal Reserve Chairman Kevin Warsh's highly anticipated speech. The S&P 500 Index futures rose by a meager 0.1% at 8:22 AM UTC, while Nasdaq 100 futures slipped 0.1%. This lack of direction comes after Nvidia Corp.'s rally in the tech sector sparked profit-taking among investors.

The Cboe Volatility Index continued its downward trend, trading just over 14. Meanwhile, oil prices dipped as Venezuela considers leaving OPEC.

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