US equity futures were slightly higher in pre-market trade while oil pared earlier gains after Pakistan signaled a near-term US‑Iran agreement that could ease energy-market tensions. Traders await key inflation data for guidance on Fed policy. Capital.com senior market analyst Daniela Hathorn said: "Investors are increasingly pricing a scenario in which inflation continues to slow, the Fed stays patient, and earnings growth supports elevated valuations; a soft CPI would reinforce that narrative

US equity futures were slightly higher in pre-market trade while oil pared earlier gains after Pakistan signaled a near-term US‑Iran agreement that could ease energy-market tensions. Traders await key inflation data for guidance on Fed policy. Capital.com senior market analyst Daniela Hathorn said: "Investors are increasingly pricing a scenario in which inflation continues to slow, the Fed stays patient, and earnings growth supports elevated valuations; a soft CPI would reinforce that narrative and extend the rally, while a hotter-than-expected print would lift Treasury yields and the dollar and force markets to reassess recent optimism on policy and valuations."