Finance

Stock index futures experienced mild gains as Wall Street processed a series of cooling inflation data points. This momentum follows a mixed session on Wednesday where the S&P 500 and Nasdaq Composite managed to break their multi-day losing streaks.

Following a weaker-than-expected payrolls report and a cooling Consumer Price Index reading, market participants see a growing likelihood that the central bank will keep interest rates stable through the end of the year. While a hike later in 2026 remains possible, the fresh data has given monetary policymakers more breathing room.

Cerebras Systems watched its shares plunge 15% in extended trading after reporting second-quarter revenues that fell short of expectations, despite maintaining its full-year guidance. Conversely, AI infrastructure leader Nvidia secured a massive $500 billion financing arrangement backed by several major Wall Street institutions to fund advanced chip orders.