US stock futures pared declines after January inflation data
BY Reuters | ECONOMIC | 02/13/26 08:38 AM ESTFeb 13 (Reuters) - U.S. stock index futures pared declines on Friday after a softer-than-expected inflation ?report kept the Federal ?Reserve on track to deliver interest ?rate cuts this year.
A Labor Department ?report showed the Consumer ?Price ?Index rose 2.4% on a yearly basis, ?less than the ?estimate of a 2.5% increase, according to economists polled ?by Reuters. ?On ?a monthly basis, it rose 0.2% versus an expected 0.3% rise.
Excluding ?volatile food and energy components, ?core CPI stood at 2.5% on an annual basis, in line with estimates. Core ?CPI ?stood at 0.3% on a ?month-on-month basis, versus a 0.3% ?expected rise.
At 08:32 a.m. ET, Dow E-minis were down 11 points, or 0.01%, S&P 500 E-minis were down 3.75 points, or 0.05% ?and Nasdaq 100 E-minis were down 36.5 points, or 0.15%
(Reporting by ?Purvi Agarwal ?in Bengaluru; Editing by ?Pooja Desai)
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