US Futures Edge Lower Before Key Inflation Data: Markets Wrap [Video]

US futures pointed to a slightly weaker start for Wall Street, following two weeks of robust gains, as investors waited for inflation data that could show if the Federal Reserve is done hiking interest rates.

Contracts for the S&P 500 and the Nasdaq 100 slipped about 0.3%, after the underlying indexes closed sharply higher on Friday. Boeing Co. shares advanced almost 4%, lifted by a $52 billion deal with Emirates, as well as news that China is weighing an end to a freeze on purchases of Boeing aircraft.

Europe’s Stoxx 600 index climbed 0.7%, boosted by a rally in healthcare stocks. Denmark’s Novo Nordisk A/S jumped more than 4% after a study backed the use of Wegovy, its blockbuster weight-loss drug, to cut heart attacks and deaths in obesity patients.

Market attention is firmly focused on Tuesday’s US consumer price data, which are expected to show inflation easing to a …