US stock futures are pointing higher this morning, with a key S&P 500 contract up about 0.2 percent as investors bet the Federal Reserve will start cutting interest rates as soon as next week. Markets are pricing in a quarter point cut, while the Fed’s preferred inflation gauge is expected to sit just under 3 percent,
Tesla is witnessing increasing cost pressures across its business.
Despite increasing optimism about its robotaxi and Optimus humanoid robot businesses,
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Stock futures rose early Friday ahead of key inflation data as the S&P 500 and Nasdaq Composite indexes eyed a fourth consecutive day of gains.
Futures on the S&P 500 were 0.2% up early in the day and Nasdaq futures were rising 0.4%, while Dow Jones Industrial Average futures were down 15 points,
» Read more about: Stock Market Today: Dow Set to Down Up Ahead of Key Inflation Data »