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Fresh records in sight for US stocks as earnings and inflation data loom

BlackRock rose 2.2% in pre-market trading after it reported record net inflows, while JPMorgan shares turned flat after earlier gains

Fresh records in sight for US stocks as earnings and inflation data loom

Major US stock indexes looked poised to take out fresh record highs on Friday, after a breakthrough in German politics sent the dollar slumping and boosted appetites for assets perceived as riskier, such as stocks, MarketWatch reports.

Investors are also waiting on major economic data — retail sales and consumer prices — as earnings from big banks like JPMorgan rolled in.

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