June 27, 2025 4:42 PM
US stock futures rise ahead of inflation data as investors anticipate dovish Fed
U.S. stock index futures surged on Friday, putting the S&P 500 and the Nasdaq on track for record highs as investors geared up for a key inflation report amid signs of a dovish policy outlook from the Federal Reserve this year. Personal Consumption Expenditure data - the U.S. central bank's preferred inflation gauge - for May is due to be released at 08:30 a.m. ET and will be scrutinized to assess the Fed's interest-rate path as tariffs weigh on prices. As the ceasefire in the Middle East ...