U.S. stocks appear on track to continue their record run on Thursday, with stock futures grinding solidly higher. Despite the Fed deemphasizing incoming data at its latest meeting, traders could sift through a few key data on economic activity, the manufacturing, and the housing sector. A few key earnings due after the market close will also be on investors' radar. The broadening in the rally in the wake of rate cut hopes could bode well for the market, insulating against any pullback in overvalued tech stocks.
Cues From Previous Session:
The March Fed decision andJerome Powell's comments...
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