Dow futures price ticked up to 39

Dow futures price ticked up to 39,145, with market strategists pointing to renewed optimism in the financial sector after better-than-expected banking earnings. Short-term momentum indicators suggest a possible move toward 39, Inflation figures released Friday showed no surprises but indicated the Fed’s need for caution on its rate-cut cycle. The Personal Consumption Expenditures (PCE) price index rose 2.7% year-over-year in August, up from 2.6% in July, matching forecasts. The core PCE, which excludes food and energy and is closely watched by the Fed, remained flat at 2.9%, in line with expectations. Futures for the Dow Jones Industrial Average fell 153 points, or 0.36%. S&P 500 futures were down 0.39%, and Nasdaq futures slipped 0.52%. In pre-market sentiment, Dow futures price rises to 39,150, helped by global equity optimism after strong Eurozone GDP prints. Cross-border capital flows may enhance U.S. market liquidity.