US futures traded marginally higher on Wednesday morning as investors reacted to October’s consumer price data, which came in below expectations. S&P 500 futures gained 0.23 percent and Nasdaq futures advanced 0.36 percent, supported by renewed optimism for a Federal Reserve rate pause through early 2026. Treasury yields remained near 4.4 percent while the dollar index softened to 104.9. Analysts said that easing inflation may extend the equity rally, particularly for technology and consumer discretionary stocks, heading into the holiday trading season.