US Equity Futures Rebound Amid Inflation Optimism and Averted Government Shutdown
Key Points US equity futures rose as easing inflation renewed hopes of Fed rate cuts. Core PCE inflation data showed its slowest increase since May, boosting markets. European stocks stagnated amid bleak regional growth forecasts. Asian equities rebounded, though quarterly losses remain likely. Oil prices increased as geopolitical tensions loomed over the Panama Canal. US equity futures rose as Asian stocks rebounded following last week’s declines, buoyed by easing inflation concerns that rekindled hopes of Federal Reserve rate cuts. Contracts...