financetom
Market
financetom
/
Market
/
Looming Producer Price Index Report Stifles US Equity Futures Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Looming Producer Price Index Report Stifles US Equity Futures Pre-Bell
Feb 13, 2025 5:53 AM

08:24 AM EST, 02/13/2025 (MT Newswires) -- US equity futures were little changed pre-bell Thursday ahead of the producer inflation report.

The Dow Jones Industrial Average futures flatlined, S&P 500 futures declined 0.1%, and Nasdaq futures gained 0.1%.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 1.2% at $74.25 per barrel and US West Texas Intermediate crude 1.4% lower at $70.40 per barrel.

New unemployment claims, scheduled for release at 8:30 am ET, are expected to decline to 217,000 in the week ended Feb. 8 from 219,000 in the preceding week. Forecasters see the final demand for producer prices gaining 0.3% in January following a 0.2% gain in December, according to estimates compiled by Bloomberg.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-S&P 500, Dow futures at record high as Trump elected US president
US STOCKS-S&P 500, Dow futures at record high as Trump elected US president
Nov 9, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Trump declares victory, vote counting continues * Trump-linked stocks, Tesla jump * Market volatility falls sharply * Russell 2000 futures soar * Futures up: Dow 2.86%, S&P 500 2.28%, Nasdaq 1.77% (Updated at 5:15 a.m. ET/1015 GMT) By Lisa...
Pot stocks dive as Florida rejects legalization of recreational marijuana
Pot stocks dive as Florida rejects legalization of recreational marijuana
Nov 9, 2024
(Reuters) - A ballot measure to legalize the recreational sale and use of marijuana in Florida failed to pass late Tuesday, sending shares of pot companies into freefall and dealing a blow to cannabis firms that had invested millions in the legalization campaign. The passage of Amendment 3 would have legalized the sale of marijuana for recreational use to adults...
S&P 500, Dow futures at record high as Trump elected US president
S&P 500, Dow futures at record high as Trump elected US president
Nov 9, 2024
(Reuters) -Futures tied to the S&P 500 and the Dow hit record highs in a sharp rally on Wednesday after Republican Donald Trump reclaimed the U.S. presidency, capping his return four years after he was voted out of the White House. As votes added up, so-called Trump trades rallied, U.S. Treasury yields surged, bitcoin hit a record high and the...
Pot stocks dive as Florida rejects legalization of recreational marijuana
Pot stocks dive as Florida rejects legalization of recreational marijuana
Nov 9, 2024
(Reuters) - A ballot measure to legalize the recreational sale and use of marijuana in Florida failed to pass late Tuesday, sending shares of pot companies into freefall and dealing a blow to cannabis firms that had invested millions in the legalization campaign. The passage of Amendment 3 would have legalized the sale of marijuana for recreational use to adults...
Copyright 2023-2026 - www.financetom.com All Rights Reserved