Global markets mostly rose and U.S. futures were up on continued hopes the Federal Reserve would cut rates next month.

Oil futures are up by 1.8% after President Trump said he believes there is a 25% chance that his meeting with Russian President Vladimir Putin on

(Reuters) -Futures tracking the Dow and the S&P 500 were higher on Friday, underpinned by expectations of an interest rate cut in September, while UnitedHealth surged after Berkshire Hathaway raised its stake in the health insurer.

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,