US stock futures experienced gains on Tuesday, spurred by promising inflation data that bolstered hopes for Federal Reserve interest rate cuts. The earnings season has begun, with mixed reactions to initial reports from major companies.
- Dow Jones futures added about 70 points.
The upward movement in Dow Jones futures suggests a positive market sentiment driven by expectations of monetary policy easing. While some individual company results have been met with skepticism, the overarching trend appears to be influenced by macroeconomic factors, particularly inflation data and its potential impact on future interest rate decisions.