Wall Street futures rise modestly as investors await inflation data

U.S. stock futures moved slightly higher on Friday as investors looked ahead to new inflation figures that could influence the Federal Reserve’s next interest-rate decisions. The cautious tone in markets reflected expectations that the report may offer a clearer signal on whether price pressures are easing.

Traders are watching the data closely because it could shift bets on how long borrowing costs may stay elevated. A softer reading would strengthen hopes for easier policy later this year, while a stronger number could keep pressure on equities and bonds.

The modest gains came with investors still weighing the broader outlook for growth, inflation and central bank policy. For now, market participants appear to be holding positions steady until the release provides more direction.

The latest move suggests Wall Street is entering the session with a wait-and-see stance, as traders prepare for another key test of the inflation outlook.