The move in futures comes after a broadly positive day on Wall Street. The S&P 500 rose 0.72%, while the Nasdaq Composite climbed 1.61% for its fifth straight positive session. The Dow fell 0.64%, weighed down by UnitedHealth, but is still up on the week.

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

Stock futures rose Sunday after Treasury Secretary Scott Bessent said “substantial progress” was made in trade negotiations with Chinese officials, potentially thawing tensions kickstarted by Trump’s escalating tariff policy.

Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.

Stock futures were little changed in overnight trading following a big rally, as investors look ahead to a key inflation report Tuesday morning. Futures on the Dow Jones Industrial Average inched up 24 points. S&P 500 futures and Nasdaq 100 futures were both flat.

Nifty futures on the NSE International Exchange traded 87.80 points, or 0.36 per cent, higher at 24,730, hinting at a positive start for the domestic market on Wednesday.

Stocks looked set for losses on Tuesday as investors locked in their gains from a stellar trading session. Signs of thawing trade tensions between the U.S. and China sparked an eye-popping rally Monday.

FIIs added 78,532 long contracts and covered 29,899 shorts, boosting their net long position by 108,431 contracts, taking the long-short ratio up from 1.88 to 1.94.