Wall Street Futures Gain as Core Inflation Slows in March

Stock index futures in the United States edged higher on Friday morning as investors reacted to March inflation data that met or slightly trailed market expectations. The latest figures from the Labor Department provided some relief regarding the potential economic impact of ongoing conflicts in the Middle East. According to the report, the Consumer Price Index rose 3.3% on an annual basis, matching the consensus estimate. On a monthly basis, the index climbed 0.9%, which was also in line with projections.