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U.S. stock index futures rallied on Wednesday, buoyed by inflation data that could sway the Fed's hand on monetary policy. The inflation figures, slightly below expectations, have given investors a pause from recent White House-induced jitters, with tech giants like Intel leading premarket gains. Yesterday, the S&P 500 teetered on the brink of correction, as global trade tensions and geopolitical developments keep traders on their toes.

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