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U.S. Stock Futures Edge Higher Ahead of Key Inflation Report

U.S. Stock Futures Edge Higher Ahead of Key Inflation Report

U.S. stock futures edged higher Wednesday night, with investors focused on the first consumer inflation report since last month’s government shutdown. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.25%, 0.01%, and 0.13%, respectively, at 8:21 p.m. EST on December 17.

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Major stock indices closed lower on Wednesday as renewed AI‑bubble concerns weighed on sentiment. Overall, the tech-heavy Nasdaq fell 1.8%, while the S&P 500 and the Dow slipped 1.2% and 0.5%, respectively.

On Thursday, major U.S. economic reports scheduled for release include the Consumer Price Index (CPI), Initial Jobless Claims, and the Philadelphia Fed Manufacturing Index, all at 8:30 a.m. EST. Markets will closely watch the highly anticipated November CPI report as it will influence the Federal Reserve’s policy decisions.

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