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Stock Futures Rebound Following Brutal Tech Selloff

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Stock Futures Rebound Following Brutal Tech Selloff

Stocks looked set to edge higher on Monday, clawing back some of their recent losses as investors bought the dip ahead of a slew of economic data and some crucial central bank policy decisions.

Futures tracking the Dow Jones Industrial Average rose 202 points, or 0.4%. S&P 500 futures added 0.4%, and contracts tied to the tech-heavy Nasdaq 100 were also up 0.4%.

The three major indexes took a beating on Friday, after so-so earnings from software developer Oracle and chip maker Broadcom stoked fears about lofty artificial intelligence valuations.

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