June 11 (Reuters) - U.S. stock index futures turned
positive on Wednesday as a cooler-than-expected consumer
inflation report calmed worries around President Donald Trump's
tariffs worsening price pressures.
A Labor Department report showed the Consumer Price Index
(CPI) rose 0.1% on a monthly basis in May, versus the 0.2%
increase forecast by economists polled by Reuters. Annually, it
stood at 2.4%, compared with an estimated 2.5% rise.
The core figure, which excludes volatile food and energy
components, rose 0.1% on a monthly basis, while expectations
were for a 0.3% advance. Annually, it came in at 2.8%, versus an
estimated 2.9% increase.
At 08:31 a.m. ET, Dow E-minis were up 107 points, or
0.25%, S&P 500 E-minis were up 23 points, or 0.38%, and
Nasdaq 100 E-minis were up 105.5 points, or 0.48%.