Dow Jones futures edged lower Thursday morning, while S&P 500 futures rose modestly and Nasdaq futures climbed solidly. The stock market rally marked time for a second straight session on Wednesday, as the Treasury detailed Biden tax hike plans.
But Apple stock reclaimed its 50-day moving average while Amazon.com
) rose further above their 50-day lines. Microsoft
), and Google-parent Alphabet
) continued to advance.
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