Stock Futures Mostly Lower as Rally Pauses Ahead of Key Inflation Data

Stock futures were struggling for direction on Thursday, with Wall Street in wait-and-see mode ahead of an inflation print that could be key for determining the Federal Reserve's rate-cutting path. The three major indexes all closed in the green Wednesday after the ISM services report suggested an easing of inflation pressures, and private-payrolls data from the ADP signaled a softer-than-expected labor market. Both strengthen the case for the Fed to lower rates.