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Wall Street futures are trading higher, signaling a positive start to the final trading day of the week. The Dow, S&P 500, and Nasdaq futures all show gains amid falling bond yields and anticipation of Fed rate cuts. However, the Fed chair warns of prolonged higher rates due to economic uncertainty.
- Dow futures rise 150 points, S&P 500 up 15, Nasdaq gains 50 ahead of market open.
- Fed Chair warns of prolonged high interest rates amid inflation and supply shocks.
- Oil trades below $65, gold near $3,200, and 10-year yield at 4.4% as dollar weakens.
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