US stock futures edged higher on Friday, with contracts on the three major indexes gaining approximately 0.4%, following a losing session on Thursday that ended a three-day winning streak for both the Dow Jones and the S&P 500. Investors continue to assess the Fed's potential to implement further rate cuts this year, supported by this week’s softer-than-expected core inflation, PPI, and retail sales data. Markets are also looking ahead to Monday's inauguration of President-elect Trump for potential clarity on forthcoming policy changes. Additionally, corporate updates are in focus: Truist Financial shares climbed over 2% in premarket trading after the company reported earnings and revenue that exceeded expectations. Meanwhile, Apple shares rose 0.9%, partially recovering from Thursday’s 4% drop following news that Apple had fallen to third place in smartphone sales in China last year. For the week, the S&P 500 is up 1.9%, the Dow has surged 2.9%, and the Nasdaq has gained 0.9% so far.
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