US stock futures rose modestly early Friday, indicating a positive market mood after Thursday's inflation-induced sell-off. The anticipation of a dovish stance from the Federal Reserve in the upcoming meeting has contributed to this optimism. Bond yields are slipping, and traders are looking forward to key economic reports. The previous session saw a decline in major indices due to a higher-than-expected producer price inflation report. Analyst Louis Navellier suggests the Fed may not cut interest rates until June or later, highlighting AI hardware and weight loss drugs as strong investment themes. Premarket trading saw movements in several stocks following earnings announcements, with notable declines in Adobe Inc. and gains in Cardlytics, Inc.