S&P 500, Nasdaq, Dow Futures Rise on Benign Inflation Data and Federal Reserve Rate Cut Hopes

U.S. stock indexes, including the S&P 500 and Nasdaq, approached record highs amid growing investor optimism about potential interest rate cuts by the Federal Reserve. Futures for the Dow, S&P 500, and Nasdaq rose as markets responded to recent benign inflation data, which kept hopes alive for a reduction in borrowing costs. Short-term U.S. interest rate futures initially fell but later recovered following the release of mild inflation figures, reflecting market anticipation of easing monetary policy amid ongoing economic uncertainty. Analysts noted that the market's reaction was more about resuming normal buying patterns than the inflation data itself.