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S&P 500 futures turn negative after inflation rises more than expected By Reuters

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© Reuters. FILE PHOTO: Morning sunlight falls on the facade of the New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar/File Photo

(Reuters) – turned negative on Thursday after inflation data for May showed a bigger-than-expected increase, while weekly jobless claims dipped less than estimated.

At 8:33 a.m. ET, were up 38 points, or 0.11%, S&P 500 e-minis were down 3.75 points, or 0.09% and were down 56.75 points, or 0.41%.

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