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The market shows reluctance to decline further, with hopes pinned on buying interest from major semiconductor companies.
(As of 1:30 p.m.) S&P 500 futures: 7,441.50 (−3.50); Nasdaq 100 futures: 28,523.25 (−97.50). U.S. stock index futures are slightly weaker, while Dow Inc futures are up $9. With crude oil prices and U.S. interest rates holding firm, trading in today’s U.S. equity market is expected to be mixed. On the previous trading day, all three major U.S. indices declined further. After a brief pause in early-session losses, weakness persisted, with the Dow closing down 506 points at 51,711.

