Stock Futures Off Lows After Cooler-Than-Expected Inflation Reading

Core Insights - Stock futures showed recovery after a cooler-than-expected inflation reading for January, indicating potential market stabilization [1] - The consumer price index (CPI) for January increased at an annual rate of 2.4%, slightly below the anticipated 2.5% [1] - The core CPI, which excludes food and energy prices, rose by 2.5%, aligning with market expectations [1] Market Reactions - Futures for the Dow Jones Industrial Average remained flat following the inflation report [1] - The S&P 500 and Nasdaq 100 saw a modest increase of 0.1% in response to the inflation data [1] - Prior to the report, futures were experiencing modest declines, highlighting the impact of the inflation data on market sentiment [1]