Market Snapshot: U.S. stock futures rise ahead of data expected to show biggest jump in consumer prices for decades

U.S. stock futures were rising on Friday, ahead of consumer price inflation data for November that’s expected to surge by the fastest pace in about 40 years, adding to pressure for the Federal Reserve to start tapering its bond purchases at a faster pace at next week’s meeting.

U.S. stock futures were rising on Friday, ahead of consumer price inflation data for November that’s expected to surge by the fastest pace in about 40 years, adding to pressure for the Federal Reserve to start tapering its bond purchases at a faster pace at next week’s meeting.