S&P 500 Futures Steady Ahead of Inflation Data, Warsh Testimony

S&P 500 futures turned positive following the release of June inflation data. Previously, US stocks remained steady as investors awaited these figures and testimony from Federal Reserve Chairman Kevin Warsh. Market participants are currently assessing the impact of hostilities in the Middle East and a slate of corporate earnings. The market is balancing these geopolitical tensions and economic indicators to determine the trajectory of equity prices ahead of the official trading session.