U.S. stock futures rose on Friday after Thursday’s higher close. Futures of major benchmark indices advanced.<br /><br />On Thursday, the November report showed that annual CPI inflation slowed to 2.7% from 3% in September. Because the Bureau of Labor Statistics lacked October survey-based prices, it carried forward September levels, effectively assuming zero inflation for a missing month.<br /><br />Meanwhile, President Donald Trump signed an executive order on Thursday, directing federal agencies to loosen regulations on marijuana, marking one of the most significant shifts in federal cannabis policy in decades.<br /><br />The 10-year Treasury bond yielded 4.14%, and the two-year bond was at 3.47%. The CME Group's FedWatch tool‘s projections show markets pricing a 73.4% likelihood of the Federal Reserve leaving the current interest rates unchanged.<br /><br />The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Friday. The SPY was up 0.012% at $676.55, while the QQQ advanced 0.48% to $612.03, according to Benzinga Pro data.
