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US stock futures point to strong open

Yesterday’s positive mood continues today with moderately higher futures up 18 points, or 0.5%.

Shares of retailer Macy’s rose 13.5% after the company raised its outlook and beat its estimates. This bucks the trend of retail weakness.

“As macroeconomic pressures on consumer spending increased in the quarter, our customers continued to shop,” Chief Executive Jeff Gennette said in a press release.

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