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U.S. stock futures grow on oil rise and Fed decision
The U.S. stock index contracts slightly. Meanwhile, oil prices surged significantly after the U.S. Central Command announced that the Islamic Revolutionary Guard Corps launched several ballistic missiles in an attempt to attack American forces in the Middle East; the United States was able to intercept the missiles. Markets are awaiting the Federal Reserve's decision on interest rates, with a roughly 70% chance that rates will remain unchanged at the current level. West Texas Intermediate crude oil approached $83 after rising by 4.7%.
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