Wall Street futures rise as investors await CPI and bank earnings

US stock futures rose slightly on Wednesday as investors awaited September inflation data and more bank earnings, with Dow futures up about 145 points or 0.28% and S&P 500 futures gaining 0.21%, while Nasdaq 100 futures were nearly flat. The cautious tone reflects strong AI demand evidence from ASML, which raised its full-year revenue forecast and said advanced lithography demand may exceed capacity through 2028, but Brent crude stayed above $105 and 10-year Treasury yields hovered near 5.2%. Consumer prices for September are expected to rise 0.6% month-over-month and 3.6% year-over-year, with core CPI forecast up 0.2%. Bank of America and Morgan Stanley report before the open, following a mixed first round of big bank results, while ASML posted third-quarter net profit of €4.96 billion on €11.66 billion in sales. Attacks on ships near the Strait of Hormuz kept oil supply concerns alive, and investors differentiated AI winners from laggards, with Liquidia jumping over 40% after settling lawsuits.