Market

US Stock Futures Rise Following Positive CPI Report and Strong Bank Earnings

Stock Futures Show Positive Movement After CPI Report

Following a session that marked the S&P 500's best day since November, US stock futures have edged higher. This surge is attributed to a lower-than-expected inflation report and robust bank earnings, signaling a positive shift in market sentiment.

Market Indices and Currency Movements

As of 4:30 am ET, the Dow Jones remained flat, while the Nasdaq 100 saw an increase of 0.42%, and the S&P 500 rose by 0.20%. In the currency markets, the euro was steady against the dollar, trading at $1.02953 at 4:28 am ET.