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US stock futures fluctuate on bank earnings
The performance of U.S. stock futures declined unevenly amid major corporate earnings reports and tensions in Korean stocks. The S&P 500 index fell by 0.1%, the Nasdaq 100 by 0.7%, while the Dow Jones rose by 372 points (+0.7%). Major banks such as JPMorgan and Wells Fargo reported earnings and revenues below expectations, leading to a drop in their shares, whereas Goldman Sachs and UnitedHealth saw gains following strong results. Additionally, Chinese memory chip companies' stocks were impacted after the Korean Kospi index dropped 5.5%, amid expectations of a strong earnings season, with FactSet predicting nearly 30% growth in the S&P 500’s earnings.
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