Stock Futures Rise Ahead of U.S. Inflation Data

Stock futures rose, pointing to gains for major indexes ahead of inflation data that will be closely watched for clues about the pace of interest-rate rises by the Federal Reserve.

Futures for the S&P 500 added 1.1% Wednesday. The stocks gauge snapped a three-day losing streak Tuesday, hitting pause on a stretch of pressure that came as investors braced for the Fed to keep raising interest rates to curb decades-high inflation.