U.S. Stock Futures Advance as Obama, Lawmakers Agree to Raise Debt Limit

U.S. stock futures rose, indicating the Standard & Poor’s 500 Index may rebound from its worst weekly loss in a year, as President Barack Obama announced an agreement to raise the federal debt limit and avoid a default. S&P 500 futures expiring in September jumped 1.5 percent to 1,308.2 at 3:35 p ...

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