U.S. stock index futures hit new all-time highs on Friday, with investor optimism bolstered by an upbeat set of U.S. corporate earnings reports and indications of resilience in the Chinese economy.
Spurring inflows in global stock markets for a fifth day, data showed the world's second-largest economy ended 2019 on a somewhat firmer note, even as economic growth cooled to its weakest in nearly 30 years in the last year.Optimism over a Phase 1 U.S.-China trade deal signed on Wednesday and along with more recent data have raised hopes that the economy may be bottoming out.
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