The USA500 is currently trading above 5,300 levels.
In evening trading on Wednesday, U.S. stock index futures surged, building on earlier gains driven by indications of a modest decrease in consumer inflation, which propelled Wall Street to achieve record highs amid expectations of forthcoming interest rate cuts.
Wall Street experienced a rally, accompanied by declines in the dollar and Treasury yields, following the release of consumer price index data slightly below expectations. This led traders to become increasingly convinced that the Federal Reserve would commence interest rate cuts in September.
The positive momentum extended into after-hours trading, with S&P 500 Futures rising by 0.1%. Nasdaq 100 Futures also saw a 0.2% increase, while Dow Jones Futures climbed by 0.1%.