Stock futures traded higher on Thursday ahead of the key inflation print, with tech stocks continuing to lead gains.
Economists expect the consumer price index rose 3.2% year over year in December. The reading could provide evidence on whether or not the Federal Reserve will start cutting interest rates as early as March.:
Overseas stocks gained. The Nikkei 225 set another multidecade high and the Hang Seng rallied. Shares also rose across Europe.