Stock futures are little changed after S&P 500 sets record above 7,800, heads for winning week: Live updates - CNBC
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- S&P 500 set a record above 7,800 and headed for a winning week, per CNBC's live market updates.
- US stocks rose to a record as oil prices dropped and inflation data came in less bad, per AP, while Asian markets were poised to gain on the benign US inflation read, per Bloomberg.
Why it matters: Cooler inflation and falling oil removed two simultaneous headwinds for equities, giving the S&P 500 enough momentum to clear 7,800 and extend its weekly winning streak heading into the next session.
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