US stock futures climbed on Monday, pointing to a return to the roaring post-election rally as investors looked ahead to a fresh reading on inflation.
Dow Jones Industrial Average futures (YM=F) led the way higher, up roughly 0.4%, while S&P 500 futures (ES=F) moved up 0.3%. Both indexes are coming off their best week of the year, capped by record highs. Contracts on the tech-heavy Nasdaq 100 (NQ=F) added about 0.3%.
Stock markets are poised to open on Veterans Day at all-time highs thanks in large part to expectations for lower corporate taxes and deregulation from President-elect Donald Trump. Spirits are also buoyant after the Federal Reserve’s latest interest-rate cut, though doubts about the rally’s staying power are starting to emerge.
Wall Street is waiting for October consumer inflation data on Wednesday for pointers to the path of rates. Last week, Chair Jerome Powell…
