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Stock futures rise as rate hike expectations cool

U.S. stock futures rose as investors changed their minds on central bank policy after weak economic data, putting the S&P 500 on track for its first weekly gain this month.

Futures linked to the S&P 500 rose 0.7%, indicating that the broad market index extended its rally into a second day. Nasdaq-100 futures advanced 0.9%, suggesting gains for tech stocks after the opening bell.