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US stocks trading mixed hours after debt ceiling deal reached

U.S. equity futures were trading mixed on the last trading day of the week, one day after the major stock indexes rose as lawmakers reached a deal on a short-term debt-limit extension. On Thursday, Wall Street’s benchmark S&P 500 index rose 0.8% to 4,399.76 for its third straight daily gain after U.S. lawmakers agreed to extend Washington’s borrowing ability into December. Lack of agreement might have led to a default experts say would set back a recovery from the coronavirus pandemic. Despite that, "concerns around the U.S. funding its government have far from dissipated," Mizuho Bank’s Venkateswaran Lavanya said […]

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