Stock market today: US futures climb as Fed rate-hike fears fade, with Apple on deck [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
worries for now to focus on Apple ( AAPL ) earnings and the coming monthly jobs report. S&P 500 ( ^GSPC ) futures rose roughly 0.7%, while those on the Dow Jones Industrial Average ( ^DJI ) were 0.4% higher. Contracts on the tech-heavy Nasdaq 100 ( ^NDX ) led the gains, up 0.9%. Stocks are recovering from Wednesday's volatile session dominated by the wait for the Federal Reserve's policy decision . Chair Jerome Powell played down the likelihood of an interest-rate hike, bringing relief to investors worried that recent signs of "sticky" inflation might prompt that move. Read more: What the Fed rate decision means for bank accounts, CDs, loans, and credit cards ADVERTISEMENT As Powell again stressed the Fed is still depending on data to shape its thinking, the April jobs report due Friday is in full focus. Wall Street is watching for any signs of cracks in the strong labor market story , a key factor for policymakers. Meanwhile, the OECD credited US outperformance as the rea
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