U.S. stock futures edged slightly higher in thin pre-Christmas trading, with Dow Jones, S&P 500, and Nasdaq 100 futures posting modest gains. Markets stabilized after Monday’s rally, driven by tech megacaps like Nvidia, Meta, and Tesla. Wall Street had rebounded from last week’s Fed-induced slump, as slower-than-expected inflation growth improved sentiment, though inflation remains above the 2% target. Bank of America reported continued equity inflows, with institutional and retail investors buying large-cap stocks while hedge funds remained net sellers. Meanwhile, crude oil prices rose slightly, though concerns over slowing demand in China and potential supply surpluses in 2025 persisted.
