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US Stock Futures Dip as Inflation Data Looms
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Overview
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US stock futures dip as investors digest slower-than-expected October inflation data. Cisco Systems Inc and Palo Alto Networks Inc experience significant drops in their stock prices after reporting lower-than-expected earnings. Target rises 2.9% premarket ahead of its third-quarter results.
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How might the release of the US October consumer price index (CPI) affect the Federal Reserve's monetary policy?
What are the implications of Home Depot Inc's earnings report for the retail industry?
What factors contributed to the lower-than-expected earnings reported by Cisco Systems Inc and Palo Alto Networks Inc?
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