Stocks on Wall Street rise ahead of new U.S. inflation data and job numbers

Wall Street pointed toward a third consecutive day of records before the opening bell Thursday ahead of new U.S. data releases on the labor market and inflation.

Futures for the S&P 500 rose 0.3% while futures for the Dow Jones Industrial Average and Nasdaq each ticked 0.2% higher.

Market movement will hinge on government reports about inflation and unemployment benefits, two areas that the Federal Reserve attempts to manage as part of its dual mandate to control inflation and maintain a healthy labor market.

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