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“Downing Street denying any changes to mini budget but I’m told by sources discussions underway over which bits might yet be junked give the scale of the concern,” Sam Coates, Sky News’ deputy political editor, said on Twitter.
At 8:02 a.m. ET, Dow e-minis were up 296 points, or 1.01%, S&P 500 e-minis were up 37.75 points, or 1.05%, and Nasdaq 100 e-minis were up 82.75 points, or 0.76%.
Investors are awaiting a closely watched U.S. inflation report that could offer clues on how successful the Federal Reserve has been in its battle against decades-high inflation.
