Futures muted ahead of data; Delta Air rises on strong earnings

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Reuters

By Bansari Mayur Kamdar (Reuters) – U.S. stock index futures were muted on Thursday ahead of jobless claims data and fresh inflation figures that are expected to give more cues on the Federal Reserve’s tightening policy, while Delta Air Lines led gains among carriers on strong earnings. Both jobless claims and producer prices data at 08:30 a.m. ET come after Wall Street eked out slim gains on Wednesday when consumer prices largely met market expectations despite hitting a 40-year high. The producer price index (PPI) for final demand is expected to rise 0.4% in December, compared with a 0.8% in…

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