Markets Rise Ahead of Key Inflation Data and Nike Earnings

U.S. stock futures are rising ahead of inflation data, with Nike shares jumping after announcing plans to shift production out of China to the U.S. to avoid tariffs. Investors are optimistic due to easing geopolitical tensions, a potential extension of tariff pauses, and positive bank stress test results. The upcoming PCE inflation report and Fed policy outlook remain key focus points, while oil prices inch up despite recent steep declines.