A trader works on the New York Stock Exchange (NYSE) on August 06, 2026 in New York City.
Spencer Platt | Getty Images
Stock futures were little changed early Thursday as traders awaited more inflation data and weighed fresh earnings reports.
Dow Jones Industrial Average futures traded just under the flatline. S&P 500 futures was little changed, while Nasdaq-100 futures added 0.12%.
In Asia, South Korea’s Kospi rose over 4%. Japan’s Nikkei 225 added 1.58%, while Australia’s benchmark S&P/ASX 200 was down 0.34%. Hong Kong’s Hang Seng Index added 0.18%, and mainland China’s CSI 300 was up 0.56%.
The July reading of the U.S. producer price index, which gauges what wholesalers pay for raw goods and materials, is set for release Thursday at 8:30 a.m. ET. Economists polled by Dow Jones expect an increase of 0.2% from the prior month.
The PPI report comes a day after an in-line reading on the consumer price index.
CPI for July increased by 0.1% month over month, matching expectations. The tame report gave the S&P 500 a boost, with the benchmark closing higher for the first time in three sessions. The report led to traders paring expectations for a rate hike in September.
“Still, the odds favor a rate increase in either October or December, after monetary policy officials take time to gauge the temperature on both sides of the central bank’s mandate,” said José Torres, senior economist at Interactive Brokers.
Investors will get even more economic data on Friday in the form of July retail sales. Economists expect growth of just 0.1% last month, according to Dow Jones.
Wall Street also got a boost after CoreWeave and other tech companies soared post earnings. Traders assessed a slew of corporate earnings that came out after the bell Wednesday.
Cisco Systems, Cerebras and Coherent all posted results that weren’t enough to impress investors. Cisco traded lower by almost 4%, while Cerebras and Coherent shed 15% and about 3%, respectively.
