Stocks Set for Best Month This Year on Fed Optimism and Bets on Rate Cuts
• US stock futures gain ahead of Thursday's open, putting major indexes on pace for best month this year
• Investors bet on interest rate cuts after soft inflation data in PCE price index and euro zone CPI
• Dow futures up 0.6%, S&P 500 futures rise 0.3%, Nasdaq 100 futures add 0.3%
• Stocks eye fresh 2023 closing highs after November rally fueled by optimism Fed is nearly done with hikes
• OPEC+ pushes decision on supply cuts to Thursday after African producers resist Saudi and Russia plan