From Investing.com: 2024-05-13 06:20:06

U.S. stock index futures edged higher ahead of key inflation data this week. Wall Street indexes are starting positively, with gains driven by earnings and the possibility of interest rate cuts. Over 90% of companies beat forecasts. Inflation data this week may delay rate cuts. More Fed signals awaited.

Major retailers like Walmart and Home Depot will report results. Arm Holdings plans to develop AI chips, while President Biden is set to announce new China tariffs. Crude prices rose after mixed Chinese inflation data and ahead of U.S. inflation readings this week. Stronger-than-expected U.S. inflation could impact rate cut hopes.



Read more at Investing.com: US stock futures just higher; key inflation data, retail earnings due By Investing.com