Nasdaq Futures Climb as Investors Eye PCE Inflation Data and Earnings

U.S. stock futures rose early Wednesday as investors await crucial economic data and earnings reports.

The Federal Reserve's preferred inflation metric, the PCE Price Index, is expected to rise 0.3% month over month.

New York Fed President John Williams said there was no immediate urgency to raise benchmark interest rates on Tuesday, easing rate-hike expectations for October.

Micron Technology is set to report earnings after market hours, with investors watching for commentary on AI-related memory demand and the broader memory-chip cycle.