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US Stock Futures Decline on Weaker-than-Expected Earnings
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Overview
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US stock futures decline as investors digest weaker-than-expected PPI data. Cisco Systems Inc and Palo Alto Networks Inc experience significant drops in their stock prices after reporting lower-than-expected earnings. Tetra Tech Inc sees a slight increase in its stock price. Market participants will be monitoring various economic indicators and speeches from central bank officials on Thursday.
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How might the weaker-than-expected earnings reports impact the overall stock market?
What are some potential implications of the weaker-than-expected PPI data for the US economy?
What factors contributed to the decline in Cisco Systems Inc and Palo Alto Networks Inc's stock prices?
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