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Wall Street Futures Edge Higher as Inflation Cools
Wall Street Futures Edge Higher as Inflation Cools
US stock futures ticked upward Friday morning, offering a glimmer of optimism as Wall Street prepares to close out a turbulent week. S&P 500 futures rose 0.1%, Nasdaq 100 contracts gained 0.2%, while Dow Jones futures hovered near the flatline.
The modest gains come on the heels of Thursday’s rally, fueled by fresh data showing inflation cooling at a faster-than-expected pace. Investors welcomed the Consumer Price Index report, which suggested price pressures are easing, even though economists cautioned about potential data reliability issues stemming from the recent government shutdown.
This week has been marked by sharp swings in sentiment, with traders digesting delayed economic reports on jobs and consumer inflation. Despite the volatility, hopes for interest rate cuts in 2026 remain intact, keeping investor confidence buoyed heading into the holiday season.
Technology stocks helped lead Thursday’s rebound, as waning concerns over artificial intelligence investments gave the Nasdaq a lift. Meanwhile, corporate earnings from companies like Nike and Oracle added to the market’s mixed tone, with Oracle surging on news tied to TikTok’s U.S. operations.
Globally, markets showed resilience as well, with Asian and European indices posting gains, underscoring a cautiously optimistic mood across major economies.
In summary: Wall Street futures are inching higher, supported by cooling inflation and renewed tech momentum, as investors look to end a volatile week on steadier ground.
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