US futures keep the calm for now but the coast isn't clear yet

S&P 500 futures are up 0.1% and Nasdaq futures up 0.4% on the day currently. This follows up from the slight gains yesterday, which helps to bite back at a chunk of the drop from Monday. Now, the turn in the market mood owes much to the softer US inflation data for June. But as mentioned earlier, it may not necessarily be telling of the broader trend in ter…

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