Futures pause after steady gains on Wall St, data in focus


A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City

US STOCK index futures were muted on Thursday following a strong run on Wall Street this week and investors awaited fresh economic data to gauge the Federal Reserve's monetary policy verdict next month.

Data reflecting labor market weakness has strengthened expectations that the central bank will potentially lower interest rates next month, despite another report suggesting underlying price pressures are on the rise.

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