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Market Snapshot: U.S. stocks on track to rise after Fed gives thumbs-up to the American economy

May 4, 2017

U.S. stock futures pointed to a gain at the open Thursday, as traders digested a Federal Reserve statement that signaled confidence in the American economy.

European equities were trading higher and also helping sentiment, after markets-friendly French presidential candidate Emmanuel Macron weathered a televised debate Wednesday night and appeared to remain on track to win in Sunday’s runoff election.

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