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U.S. stock index futures soared higher ahead of the open Tuesday after sharp declines in the previous week.
The Dow (DJI) has suffered seven straight sessions of losses, while the S&P 500 (
SPX) has fallen for five straight sessions.
Dow mini futures are currently 118 points above fair value while S&P 500 futures are 14.9 points above fair value.
The Dow is down 7.3 percent over the last two weeks and the blue chip average is sitting near early October levels.
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