S&P 500 futures gained as markets weighed inflation data and valuations.

Equity Index futures moved higher as the S&P 500 futures climbed 1.25% for the week to settle at 6,924. Despite PCE data arriving slightly higher than expected, suggesting stickier inflation on a month-over-month basis, the market found support through a broadening rally. Buying interest in previously pressured sectors helped stabilize valuations as the market navigated an expiration week. All major equity index futures markets maintained positive week-over-week momentum heading into the final trading week of February. Traders continue to monitor the balance between Fed commentary, technical levels, and the shift in sector leadership as the rally extends beyond top-tier names.