Market Rebound Gathers Pace as Stock Futures Rise

Stock futures were rising on Thursday, extending the previous session’s market rebound, although investors are still weighing up if it’s worth overpaying for artificial-intelligence stocks. Stocks also got a boost after multiple Supreme Court justices expressed doubt about President Donald Trump’s usage of the International Emergency Economic Powers Act to impose tariffs. “The slide in stocks was more of a ‘pause for breath’ in the broader risk rally, as opposed to said rally having come to an end,” Michael Brown, strategist at the foreign-exchange brokerage Pepperstone, said.

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