Dow Jones Today: Stock Futures Tick Up; Walmart, Chubb Jump
U.S. stock futures were slightly higher in premarket trading on Thursday as markets continued to digest yesterday's consumer inflation report, which fed optimism that the Federal Reserve will cut interest rates later this year. The major stock indexes all closed at record highs yesterday after data showed core inflation was 3.6% in the 12 months ending in April, the slowest rate in three years. Retail sales data released yesterday also suggested that U.S. consumers are finally moderating their spending aft ...