Wall St futures tick up heading into July inflation data - Reuters

US stock futures and cryptocurrencies rose as the July CPI report showed inflation increased 0.1%, with annual inflation at 3.4%. The data matched economists' expectations, marking the second consecutive month of cooler price pressures. This result revived optimism regarding the artificial intelligence buildout and looser financial conditions. While the Federal Reserve considers interest rate hikes, analysts suggest the current reading is not enough to force such a move, influencing overall market expectations and economic planning.