Tame Inflation Data May Lead To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a slightly higher open on Tuesday, with stocks likely to see further upside after recovering from an initial pullback to end the previous session modestly higher.The futures edged higher following the release of the Labor Department's closely watched report on consumer price inflation in the month of December.While the report showed consumer prices increased in line with economist estimates, core consumer prices rose by slightly less than expected.The ...