U.S. equity futures edged higher in early Thursday trading , while the dollar slumped against a basket of its global peers and Treasury yields eased, as global markets reacted to the potential for tri-lateral talks that could end Russia's three-year war on Ukraine.

U.S. and EU stock futures rallied on Thursday, driven by hopes for a peace deal between Ukraine and Russia despite fresh inflation worries that could block any Federal Reserve rate cuts this year. Heightened trade tensions added to market uncertainty after President Donald Trump vowed to impose reciprocal tariffs on countries that charge duties on