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US stock futures traded flat as political tensions between President Trump and Fed Chair Jerome Powell weighed on sentiment. Investors are also eyeing June retail sales data and Netflix earnings for market direction. Midweek volatility spiked over Powell’s potential dismissal, though Trump later softened his stance.
- Political tensions between Trump and Fed Chair Powell caused midweek market volatility.
- June retail sales data and Netflix earnings are key drivers for investor sentiment.
- TSMC and PepsiCo earnings will influence Thursday's market direction.
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