Wall St futures edge higher on rate cut hopes, data in focus

Core Viewpoint - U.S. stock index futures are showing a slight increase as investors anticipate a high probability of the Federal Reserve cutting interest rates this month while awaiting new economic data [1] Group 1 - Investors are pricing in a significant chance of interest rate cuts by the Federal Reserve this month [1] - The market is reacting positively to the expectation of lower interest rates, which could stimulate economic activity [1] - There is an ongoing anticipation for fresh economic data that may influence market sentiment and investment decisions [1]