Market Snapshot: U.S. stock futures point to second day of gains on Wall Street

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U.S. stock futures were pointing to a second day of gains on Friday, as investors continue to digest the Federal Reserve’s commentary on interest rates with key inflation data looming.

What’s happening

On Thursday, the Dow Jones Industrial Average DJIA rose 87 points, or 0.25%, to 34584, the S&P 500 SPX increased 19 points, or 0.43%, to 4500, and the Nasdaq Composite COMP gained 8 points, or 0.06%, to 13897.

What’s driving markets

The…

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