Dow Jones Futures: Stocks Rise On Micron, Inflation, But Don’t Do This; Nike, Fed Earnings Late

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. FedEx (FDX) and Nike (NKE) reported after the close. The stock market rallied Thursday on a surprisingly tame CPI inflation report and strong Micron Technology (MU) earnings and blowout guidance. The S&P 500 rebounded back above the 50-day moving average while the Nasdaq hit resistance there.…