
US stock index futures extend gains after August inflation data

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U.S. stock index futures rose on Friday following August's inflation data, which met expectations and bolstered speculation of potential interest rate cuts by the Federal Reserve. The Personal Consumption Expenditures index increased by 2.7% year-on-year, aligning with forecasts, while core PCE rose 2.9%. As of 08:32 a.m. ET, Dow E-minis were up 201 points (0.43%), S&P 500 E-minis increased by 20.75 points (0.31%), and Nasdaq 100 E-minis gained 69 points (0.28%).

