Stock futures are little changed Thursday morning ahead of the release of closely watched economic data, as the market looks to extend a rally that has lifted major indexes to record highs.

U.S. stock futures were rising early Wednesday after indexes reached new highs on the back of encouraging inflation data, firming up bets on a September rate cut from the Federal Reserve. Dow Jones Industrial Average futures were up 97n points,

(Reuters) -Futures tracking the S&P 500 and the Nasdaq indexes were pinned at record highs on Wednesday, buoyed by increasing confidence that the Federal Reserve could restart its monetary policy easing cycle next month.