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US futures pull back after rally

New York - US stock index futures dipped on Monday, indicating the S&P 500 would retreat after its best two-day performance in four months, ahead of new Federal Reserve Chair Janet Yellen's first testimony before lawmakers on Tuesday.

The US bourse is set to open higher as European leaders get ready to meet. Credit: REUTERS

Dow Jones industrial average futures lost 41 points and Nasdaq 100 futures declined 4.5 points.

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