Stock futures jump after better-than-expected inflation data

U.S. stock futures climbed on Thursday following the release of cooler-than-expected November inflation data. The Consumer Price Index report — the first published since congressional Democrats’ lengthy government shutdown concluded last month — revealed a headline year-over-year inflation rate of 2.7%, per the Bureau of Labor Statistics.
Core CPI, stripping out volatile food and energy prices, rose 2.6% annually, the slowest pace since early 2021. This came in well below econ