US equity futures rise modestly, with tech stocks driving gains before key inflation figures later today.
Dow Jones futures climbed 0.15% to 52,350 in early European trading, supported by a broader tech sector rally. The S&P 500 futures gained 0.80%, while Nasdaq 100 futures surged 2.25% to 30,180, reflecting strong demand for growth stocks.
Markets await the release of US personal consumption expenditures (PCE) inflation data, a key measure for the Federal Reserve’s policy outlook. Recent prints have shown easing price pressures, but investors remain cautious ahead of the report.
Equities have been volatile this week, with tech stocks rebounding after a sell-off earlier in the month. The Nasdaq 100’s outperformance suggests a rotation back into high-growth sectors.