U.S. Inflation Data Slowdown Lifts Stock Futures, Dow Futures Gain Over 100 Points Pre-Market
According to CNBC, the latest inflation data released by the U.S. Bureau of Labor Statistics showed that inflationary pressure eased last month, triggering bullish expectations on Wall Street regarding the pace of U.S. inflation decline. U.S. stock futures rose broadly pre-market, with Dow Jones futures gaining over 100 points, and the market is once again betting that the Federal Reserve may begin a rate-cutting cycle before year-end, lifting risk appetite across global capital markets.