US stock futures gained on Thursday as investors looked ahead to the next batch of earnings and the upcoming inflation update on the heels of a stronger-than-expected January jobs report.
Dow Jones Industrial Average futures (YM=F) and S&P 500 futures (ES=F) rose around 0.3%, while those on the tech-heavy Nasdaq 100 (NQ=F) added 0.2%. The muted moves follow a choppy session on Wall Street that saw the major stock indexes end little changed.
CME – Delayed Quote • USD
6,977.50 +17.00 (+0.24%)
As of 3:49:39 GMT-5. Market open.
ES=F NQ=F YM=F
Attention is starting to turn to Friday’s Consumer Price Index report, the Federal Reserve’s preferred gauge of inflation. A softer reading will build hopes that price pressures are easing while economic growth remains intact.
Meanwhile, an update on weekly jobless claims due later is in focus after nonfarm-payrolls…