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Spot gold was little changed.
By Andreea Papuc and Robert Brand, Bloomberg
24 May 2021 10:35
Image: Bloomberg
US equity-index futures headed higher as investors wagered that the Federal Reserve will maintain monetary support in coming months as a rebound in the worldâs biggest economy stokes inflation fears.
Contracts on the S&P 500 and Nasdaq 100 gauges pointed to gains after US stocks closed mixed on Friday. The dollar and Treasuries were steady. Bitcoin advanced above $35 000 following another weekend of big swings. The Stoxx Europe 600 struggled for traction while shares posted small gains in Japan, China and Australia but retreated in Hong Kong.
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