Daily Stock Market Live S&P 500 futures rise as Micron surges after earnings; Wall Street awaits key inflation reading: Live updates

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U.S. stock futures rose on Wednesday night, boosted by a blowout Micron Technology earnings report, as traders looked ahead to the release of a key inflation reading from May. S&P 500 futures and Nasdaq 100 futures climbed 0.5% and 1.9%, respectively. Futures tied to the Dow Jones Industrial Average gained 29 points, or less than 0.1%. Shares of Micron surged almost 15% in Wednesday's extended trading after the chipmaker reported fiscal third-quarter results that topped analysts' expectations.

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