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U.S. stock futures and Treasury yields remained higher after figures showed that consumer-spending growth cooled last month.
Futures for the S&P 500 gained 0.1% Thursday. The index climbed for a second day Wednesday as strong economic data helped ease investors’ concerns about the risks posed by Covid-19 and inflation. Contracts for the tech-focused Nasdaq-100 were flat Thursday and futures for the Dow Jones Industrial Average added 0.2%.