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Traders Digest Key Inflation Report as US Equity Futures Decline Pre-Bell
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Traders Digest Key Inflation Report as US Equity Futures Decline Pre-Bell
Aug 29, 2025 6:24 AM

09:09 AM EDT, 08/29/2025 (MT Newswires) -- US equity futures were lower pre-bell Friday as traders digested key inflation data.

Dow Jones Industrial Average futures were down 0.3%, S&P 500 futures were 0.3% lower, and Nasdaq futures were down 0.5%.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.1% at $67.93 per barrel and US West Texas Intermediate crude 0.1% lower at $64.54 per barrel.

The personal consumption expenditure price index, released at 8:30 am ET, showed a 0.2% increase for July, in line with estimates compiled by Bloomberg. Meanwhile, the core measure, the Federal Reserve's preferred inflation gauge, increased 0.3%, also in line with estimates. Trade in goods deficit widened to $103.57 billion in July from $84.85 billion in June, compared with estimates for a $90 billion gap.

The Chicago Purchasing Managers' Index, due at 9:45 am ET, is seen coming in at 46.6 for August versus July's 47.1.

The August Consumer Sentiment Index, slated for 10 am ET, is seen coming in unrevised at 58.6.

In other world markets, Japan's Nikkei closed 0.3% lower, Hong Kong's Hang Seng ended 0.3% higher, and China's Shanghai Composite finished 0.4% higher. Meanwhile, the UK's FTSE 100 was down 0.1%, and Germany's DAX index was 0.1% lower in Europe's early afternoon session.

In equities, Autodesk ( ADSK ) shares were 12% higher after the company reported late Thursday higher Q2 adjusted earnings and revenue and raised its fiscal 2026 outlook. Petco Health and Wellness ( WOOF ) stock was up 20%, a day after the company reported it swung to fiscal Q2 earnings.

On the losing side, Dell (DELL) shares were 7% lower after the company issued late Thursday fiscal Q3 adjusted earnings guidance that trailed analysts' estimates.

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