News Snapshot:
Wall Street stocks were getting ready to rally again on Wednesday, with investors embracing the idea that abruptly cooling inflation will put interest-rate hikes on ice as they waited for a consumer health check. Nasdaq 100 (^NDX) futures led the way higher, up around 0.6%, after tech stocks on Tuesday had their best session since April. Dow Jones Industrial Average (^DJI) futures added over 0.3%, while benchmark S&P 500 (^GSPC) futures were up roughly 0.4%. The jump in stocks was juiced by the surprise easing in US price pressures, which spurred bets the Federal Reserve will keep rates steady and...