Stock Market Live: Tech Leads Gains On Google Job Cuts Boost As Stocks Maintain Focus on Fed

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The Street

By Martin Baccardax Stocks look set to snap a three-day losing streak as tech gets another boost from Google job cuts and Treasury yields hold amid hawkish Fed comments. U.S. equity futures bumped higher Friday, following three consecutive session declines, as investors continue to track comments from Fed officials while gearing-up for series of big tech earnings later next week. Big tech, in fact, seized the headlines once again Friday after media and advertising giant Google GOOLG unveiled plans to cut 12,000 jobs from its global workforce, adding to the sector’s big headcount cull following…

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