US stock futures edged higher as traders await a crucial inflation report that could influence expectations for an interest-rate cut by the Federal Reserve. Alphabet Inc. saw gains of up to 3.9% due to advancements in quantum computing, while Oracle Corp. and Nvidia Corp. faced declines after disappointing results and regulatory scrutiny, respectively. With Wall Street experiencing its best year since 2019, market participants are looking for fresh catalysts amid a cautious atmosphere ahead of key economic data releases.
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