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US stocks set for a pullback after record highs amid inflation and geopolitical concerns.

Market News
15 May 2026
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US stock futures indicate a softer open following a record-breaking session where the S&P 500 and Nasdaq hit new highs and the Dow Jones surpassed 50,000. The rally was driven by strong earnings guidance from Cisco and chip shipment approvals to China, but broader trade tensions and geopolitical risks, including rising oil prices and inflation data, are causing caution. The Federal Reserve rate hike probability has doubled, reflecting increased inflation concerns, while global bond markets face synchronized selloffs ahead of a G7 finance ministers meeting.

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