5 things to know before the stock market opens Thursday

Stock futures were higher Thursday morning after a winning day for all three major indexes on Wednesday on the back of encouraging U.S. inflation data. TheWednesday showed the annual inflation rate slowed to 2.9% in July, the lowest year-over-year price gain since 2021. The jump in the consumer price index was in line with what Wall Street economists had expected, according to Dow Jones estimates, and is likely to keep a September interest rate cut by the Federal Reserve on the table.

– CNBC's Brian Evans, Jesse Pound, Jeff Cox, Melissa Repko, Annika Kim Constantino, Ari Levy and Justine Fisher contributed to this report.

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