Markets Edge Up Ahead of Inflation Data Amid Global Volatility

U.S. markets are struggling to end the week on a high note as they await new inflation data from the Labor Department.

The Dow Jones Industrial futures have climbed 0.2% to 53,978.00, while S&P 500 futures gained 0.2% to 7,784.50 and Nasdaq futures rose 0.1% to 29,877.25.

The producer price index is expected to provide clues on inflation trends ahead of the consumer price index data released earlier this week.

In other news, Cisco Systems' fourth quarter financial results saw a 6% decline despite beating expectations and surging sales in artificial intelligence demand.

AI stocks have been volatile lately, with investors seeking proof that big tech spending will pay off.