US equity futures and European stocks made slight gains as traders anticipated more economic data that could support Federal Reserve interest-rate cuts.

The S&P 500 is poised for a positive open after five consecutive days of gains, driven by favorable inflation data.

Cisco Systems surged in premarket trading after exceeding earnings expectations, while Bavarian Nordic jumped 17% following a WHO declaration of mpox as a global health emergency.

Meanwhile, traders are closely monitoring additional economic reports, including jobless claims and retail sales, which could further influence Fed policy decisions.