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Stock Futures Set for Bounce in Whiplash End to Week

Stock futures were setting up for a bounce on Friday in a hard left turn to the selloff that punished Wall Street a day earlier.

S&P 500 futures were up 0.55%, Dow Jones Industrial Average futures fell 0.48%, and Nasdaq futures slid 0.6%.

Stocks have had a rocky week, rallying on Wednesday on signs of a dovish Federal Reserve and selling off on Thursday alongside crude oil. Investors have shown weariness ahead of the kickoff to first-quarter earnings season next week. The Dow suffered its worst loss in six weeks on Thursday, plummeting 174 points or 1%.

Fed Chair Janet Yellen and former Fed chiefs Alan Greenspan, Ben Bernanke and Paul Volcker inspired good vibes on Wall Street after assuring that the U.S. economy wasn't heading back into recession despite presidential frontrunner Donald Trump's claims that we are in a bubble.

The "economy has made tremendous progress in recovering from the damage from the financial crisis," Yellen said at a panel discussion at the International House of...


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