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Stock futures rise ahead of trade data

Added 04-07-21 05:04:02am EST - “The monthly deficit in goods and services is expected to widen to a record-high $70.5 billion” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Stock futures rise ahead of trade data”. Below is an excerpt from the article.

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The Commerce Department will release the U.S. trade balance for February. The monthly deficit in goods and services is expected to widen to a record-high $70.5 billion, surpassing the prior record of $69 billion in November.

President Biden said he is bumping up his coronavirus vaccine deadline for states by two weeks, to April 19, to make all adults in the U.S. eligible for shots, reflecting steady progress in the U.S.

The International Monetary Fund said it expects global economic growth to accelerate this year as vaccine distribution ramps up and the world rebounds. The 190-country lending agency said it expects the world economy to expand 6% in 2021, up from the 5.5% it had forecast in January. That would be the fastest expansion in IMF records dating to 1980.

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