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Stock Market Today: Dow Futures Rise Ahead of Big-Name Earnings — Live Updates

Stock Market Today: Dow Futures Rise Ahead of Big-Name Earnings — Live Updates

Stocks' upward momentum looks poised to continue, with futures edging higher early Friday.
More big names are due to post earnings, including American Express, Charles Schwab and 3M. Largely positive results Thursday helped push the S&P 500 to another record high . The upbeat corporate news continued afterhours, when Netflix raised its annual revenue and operating margin forecasts .
Meanwhile, Wall Street watches for updates on President Trump's tariff policies and any moves he might make regarding Federal Reserve Chair Jerome Powell.
Late Thursday, a Fed governor seen as a candidate to succeed Powell laid out his strongest case yet for an interest-rate cut this month , aligning himself with Trump's demands for lower rates.
"The economy is still growing, but its momentum has slowed significantly," Waller said, calling for a quarter-percentage point cut at at the Fed's next meeting.
Stock futures edged up. In addition to the S&P, the Nasdaq Composite hit a record high Thursday.
Norfolk Southern stock rose offhours on the news that railroad operator Union Pacific is holding talks to acquire its smaller rival.
Treasury yields wavered. Ten-year yields held around 4.4%.
The WSJ Dollar Index weakened. The euro strengthened against the greenback.
Bitcoin rose to around $120,000. Trump is expected to sign the Genius Act on Friday, after the House of Representatives passed three crypto bills.
European and Chinese stocks rose, while Japanese indexes inched lower.
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