US stock futures pared declines after January inflation data
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 11, 2026. REUTERS/Brendan McDermid
Feb 13 (Reuters) - U.S. stock index futures pared declines on Friday after a softer-than-expected inflation report kept the Federal Reserve on track to deliver interest rate cuts this year.
A Labor Department report showed the Consumer Price Index rose 2.4% on a yearly basis, less than the estimate of a 2.5% increase, according to economists polled by Reuters. On a monthly basis, it rose 0.2% versus an expected 0.3% rise.
Excluding volatile food and energy components, core CPI stood at 2.5% on an annual basis, in line with estimates. Core CPI stood at 0.3% on a month-on-month basis, versus a 0.3% expected rise.
At 08:32 a.m. ET, Dow E-minis were down 11 points, or 0.01%, S&P 500 E-minis were down 3.75 points, or 0.05% and Nasdaq 100 E-minis were down 36.5 points, or 0.15%
(Reporting by Purvi Agarwal in Bengaluru; Editing by Pooja Desai)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US judge blocks Trump administration's new student loan restrictions
- Oil back to pre-war levels as Hormuz traffic rebounds, US tries to reassure Gulf allies
- Simpler bank rules risk creating loopholes, study says
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share