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U.S. equity index futures are inching up after President Trump expressed confidence in Treasury Secretary Steven Mnuchin, who convened the "Plunge Protection team" before Christmas. Dow +0.3%; S&P 500 +0.4%; Nasdaq +0.4%.

Trump also praised U.S. companies, saying, "they have record kinds of numbers. So I think it's a tremendous opportunity to buy," while repeating his criticism of the Federal Reserve.

"They're raising interest rates too fast because they think the economy is so good. But I think that they will get it pretty soon."