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Benzinga
Benzinga
Business
Shanthi Rexaline

Nasdaq, S&P 500 Futures Build On Inflation-Data Momentum But Analyst Warn 'Desperately Craved' Rally May Not Sustain — Key Stocks To Watch Today

Trading in the U.S. index futures points to the buying momentum extending into the final session of the week. The market may turn to the University Of Michigan's consumer sentiment report for trading cues, although profit-taking could take some sheen off the rally.

Thursday, the major averages rallied out of the gates after October inflation data came in tamer than expected. After advancing through the session, stocks mostly ended at their highs of the session. The gains marked the biggest one-day advances since 2020.

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