U.S. Stock Futures Edge Higher Ahead of Key Inflation Report
U.S. stock futures edged higher early Friday as investors awaited the release of September's Consumer Price Index (CPI) report. Nasdaq 100, S&P 500, and Dow Jones Industrial Average futures ROSE 0.37%, 0.23%, and 0.13%, respectively, reflecting cautious optimism.
Thursday's trading session saw gains across major indexes, driven by strong tech earnings and quarterly reports. Intel surged 7.7% post-market after beating Q3 expectations, while Ford lowered its outlook due to supply chain disruptions.
All three indexes are poised to close the week positively, with the S&P 500 up 1.1% and the Nasdaq and Dow each gaining nearly 1.2%. Market focus now shifts to inflation data for clues on future Federal Reserve policy.