US stock futures trade mixed as US inflation data release looms.

BlockBeats news, November 10 - U.S. stock index futures faced uncertain direction after experiencing their best trading day since April, as the market awaits a key inflation report that could pave the way for the Federal Reserve to raise interest rates next month.

According to data from the BIT stock platform, S&P 500 futures contracts edged up less than 0.1%, while the tech-heavy Nasdaq 100 futures contracts fell 0.4%. Crude oil prices continued to decline, with WTI crude falling 2% to around $85 per barrel, the lowest level since the end of August.

Tom Essaye, founder of Sevens Report, said: "The Fed's hawkish rhetoric offset the continued decline in oil prices ahead of today's CPI report."