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Bouncing on Schumer Headline?

US STOCKS

SPX emini futures climbing past late overnight highs right now, ESH1 currently +18.5 at 4494.25 just over an hour after dropping to session low of 4457.75. Not a huge range given breadth of ranges last couple weeks, but notable. Not much to explain the bounce however, but some desks point to recent headline:

  • SCHUMER: CONFIDENT DEAL CAN BE REACHED ON LONG-TERM SPENDING, Bbg

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