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U.S. stock futures gain on China stimulus, tariff relief
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U.S. stock futures gain on China stimulus, tariff relief
Equity index futures were higher across the board in a signal that Wall Street's week-long recovery from a 6% loss in May appeared intact. The S&P 500 has risen for five days and the Dow Jones Industrial Average has gained for six straight days since the start of June, its longest winning streak in 13 months. Investors, worried by the prospect that President Donald Trump's hard bargaining on trade with Beijing and others could drive the economy back into recession, remained on edge after a U.S. pivot back on its tariff threat against China overnight.
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