Stock Futures Mostly Higher Ahead of Key Inflation Data

Core Viewpoint - U.S. stock futures are mostly higher as the market anticipates key inflation data that could influence future interest rate decisions [1][3]. Group 1: Market Performance - Dow Jones Industrial Average futures increased by 74 points, or 0.2% [2]. - S&P 500 futures rose less than 0.1%, while Nasdaq 100 futures decreased by 0.1% [2]. - All three main indexes experienced declines for three consecutive days, marking the first occurrence since March 28 [2]. Group 2: Economic Indicators - The Bureau of Economic Analysis is set to release the August reading of the personal consumption expenditures (PCE) price index, which is the Federal Reserve's preferred inflation measure [3]. - A slight increase in price growth is expected for August, but this may not alter market expectations regarding potential interest rate cuts by the Federal Reserve [3].