Tamer-Than-Expected Inflation Data May Lead To Rebound On Wall Street

The major U.S. index futures are currently pointing to a slightly higher open on Friday, with stocks likely to regain ground following the sell-off seen in the previous session.The futures had been pointing to continued weakness on Wall Street but regained ground following the release of the Labor Department's highly anticipated report on consumer price inflation in the month of January.The report showed consumer prices rose by slightly less than expected on a monthly basis, while the annual rate of growth ...