REUTERS: Worries about the balance of monetary policy and growth kept U.S. stock futures flat on Wednesday, subduing the impact of solid results from Bank of America and a boost for chipmakers from Dutch company ASML.
Expectations of monetary easing have powered those gains, but a fall in markets last week reflected concerns that global growth outlook may not justify forecasts of several rate cuts by the end of this year. Profit for S&P 500 companies is expected to dip 0.1per cent, the first quarterly drop in three years, according to Refinitiv IBES data.
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