US stock futures rise ahead of inflation data and bank earnings

infomoney.com.br (Portuguese) —

US stock futures rose Wednesday as investors awaited September US inflation data and corporate earnings from Bank of America, Morgan Stanley, and BlackRock. The CPI report is seen as key for Federal Reserve rate decisions. New York Fed President John Williams said another rate hike this year is appropriate, with no tightening in 2027. Markets price in at least three moves over the next 12 months. European markets gained, led by tech, while Asia-Pacific closed lower. China's producer prices rose 5% in September, the fastest in over four years, beating forecasts. Oil prices dipped slightly despite Middle East tensions, and Bitcoin traded at $83,745.


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