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Morning Market News - 3/25/2024n n Stocks Pull Back as Traders Await Fresh Catalysts; US equity futures dip after S&P 500’s best week this year; Inflation readings including Fed’s favored gauge due this week:n n US stocks were poised to open lower after last week’s strong rally as investors assessed the outlook for corporate earnings ahead of key data from the US that may give further clues on the Federal Reserve’s policy path.n n Futures on the S&P 500 fell 0.3% after Wall Street’s best weekly performance this year. Contracts on the Nasdaq 100 were down about 0.5%. The Stoxx Europe 600 index dipped following nine straight weeks of gains, the longest run in 12 years. Treasury yields rose and the Bloomberg dollar spot index declined for the first time in three days.n n Traders are in wait-and-see mode ahead of a busy week of economic data that will include the Fed’s preferred inflation gauge due Friday, when many markets will be closed for a holiday. While conviction has grown that the Fed will cut rates this year following dovish comments by Chair Jerome Powell last week, investors are becoming uneasy about stock valuations after the recent rally.n n...