Reported about 9 hours ago
U.S. stock index futures gained momentum on Wednesday following a consumer inflation report that met expectations, suggesting a potential easing in Federal Reserve monetary policy. The Labor Department reported a 2.9% annual rise in the consumer price index for December 2024, while core CPI increased 3.2%, slightly below forecasts. As a result, Dow E-minis were up 1.11%, S&P 500 E-minis rose 1.13%, and Nasdaq 100 E-minis surged 1.34%.
Source: YAHOO