United States stock futures traded higher on Thursday as markets looked ahead to the release of the latest consumer inflation report. The data is expected to play a crucial role in shaping the Federal Reserve’s next monetary policy decision, scheduled for September 17.
At 4:14 am ET, the Dow Jones futures edged up 0.13%, while the Nasdaq 100 advanced 0.34% and the S&P 500 gained 0.21%. Meanwhile, the euro was flat against the US dollar, trading at 1.16931 as of 4:24 am ET.
On the political front, the fatal shooting of conservative activist Charlie Kirk has cast a shadow over the nation. The incident, with the suspect still at large, has sparked widespread mourning and heightened security concerns across the United States.
Investors remain cautious but optimistic as they await inflation numbers, which could influence the Fed’s pace of rate cuts through the rest of the year.
