Stock futures experienced volatility in response to the latest CPI report, which showed cooler-than-expected inflation, boosting market optimism and hopes for a Federal Reserve rate cut. Major indices like the Dow, S&P 500, and Nasdaq saw fluctuations as investors digested the implications of the inflation data alongside ongoing U.S.-China trade discussions. Despite a rally led by Tesla following its robotaxi news, some futures dipped ahead of critical job market data. Analysts remain cautious, monitoring the effects of trade agreements and labor market trends on the overall economic landscape.