US Stocks Rebound While Fed Rate Cut Hopes Fade, SpaceX Faces Lawsuit Over Alleged Illegal Firings, Chinese Firms Downgraded Amid Property Woes, Oil Rises on Supply Risks, Jobs Data Awaits
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U.S. stock futures edged up Thursday after two days of losses, while Fed minutes dampened hopes of early rate cuts.
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A U.S. labor agency accused SpaceX of illegally firing workers who criticized founder Elon Musk's tweets.
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Fitch downgraded four major Chinese asset managers on worries of weaker government support and property market turmoil.
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Oil prices rose amid supply concerns after a Libyan oil field shut down due to protests and worries over Yemen Houthi attacks.
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Upcoming U.S. jobs data Thursday and Friday will give insight into the labor market and clues for the Fed's next policy moves.