Stock futures rose on Friday following a four-day rally in the S&P 500, driven by temporary tariff cuts between the U.S. and China and encouraging inflation reports. Futures tied to the Dow Jones Industrial Average gained 0.3%, while S&P 500 and Nasdaq-100 futures also saw increases. This week, the S&P 500 is up 4.5%, and the Dow has risen 2.6%. A soft inflation report showing a decline in wholesale prices further boosted stocks. However, concerns remain about rising costs and an uncertain macroeconomic outlook, as evidenced by Walmart’s announcement of potential price hikes in late May due to tariffs. Investors are cautiously optimistic but remain vigilant for economic signals, with attention turning to housing starts data and the University of Michigan’s consumer sentiment survey.
— new from CNBC
