"Wall Street Anticipates Key Inflation Data: Stock Futures Surge"

U.S. stock futures rose as investors awaited new consumer inflation data to gain insight into the economy. The consumer price report for September is expected to show a 0.3% month-over-month increase and a 3.6% rise from the prior year. The strength of inflation indicated in the report will influence the Federal Reserve's decision on interest rates. Traders are also monitoring jobless claims numbers and remarks from Federal Reserve officials. In other news, Domino's Pizza shares fell after the company's third-quarter results, and Societe Generale suggests buying the dip in the S&P 500. European stock markets opened higher, and Hong Kong's Hang Seng Index jumped 2%. Exxon Mobil's acquisition of Pioneer Natural Resources is the largest oil and gas merger in a decade. India's September inflation data is expected to ease, but may not lead to rate cuts. Many newly debuted stocks are trading below their IPO price, and defense stocks have seen a boost amid the Israel-Hamas war.