Stocks recoup most of week's sell-off as nerves steady. Global shares extended gains on Friday to erase nearly all of their losses from a big sell-off earlier in the week, with investors betting on the U.S. economy avoiding a hard landing as Fed policymakers signalled rate cuts as soon as September.
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Wall Street stock index futures , were about 0.3% firmer, with no major U.S. data expected on Friday as nerves calmed following a volatile week that saw a mass unwinding of currency carry trades in response to the Bank of Japan's surprise rate hike late last month.