"Stock Futures Dip as Fed Rate Hopes Dim in Today's Market News"

Stocks on Wall Street edged higher as investors remained optimistic about the Federal Reserve ending its rate hiking campaign this year. The tech-heavy Nasdaq Composite rose over 1%, while the S&P 500 and Dow Jones Industrial Average also saw modest gains. However, doubts about the Fed's stance on inflation and concerns over trade tensions weighed on oil prices. In corporate news, WeWork filed for bankruptcy, while earnings reports from Uber and Rivian were on investors' radar. Additionally, credit card debt reached a record high, and rising delinquencies were observed among millennials and those with auto or student loans.