(For a Reuters live blog on U.S., UK and European stock

markets, click/ or type LIVE/ in a news window.)

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Trade Desk ( TTD ) falls on downbeat Q1 revenue forecast

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Deere falls after missing quarterly revenue estimates

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Monthly PPI report due at 8:30 a.m. ET

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Futures: Dow up 0.03%, S&P 500 down 0.08%, Nasdaq down

0.01%

(Updates with results from Deere, Howmet Aerospace ( HWM ))

By Shashwat Chauhan and Sukriti Gupta

Feb 13 (Reuters) - U.S. stock futures were subdued on

Thursday after the previous day's inflation shock as investors

awaited PPI data to gauge the central bank's interest-rate

trajectory, while the prospect of Russia-Ukraine peace talks

spurred some risk-taking.

U.S. President Donald Trump said on Thursday he planned to

unveil reciprocal tariffs, adding to the market's anxiety.

The focus will be on the January producer price index

report, expected at 8:30 a.m. ET, with economists polled by

Reuters expecting a monthly uptick of 0.3%.

A January consumer price index reading on Wednesday showed

the highest increase in prices in nearly a year-and-a-half,

underscoring the U.S. Federal Reserve's messaging that it was in

no rush to resume cutting interest rates anytime soon.

"While the Fed is cognizant of the pattern of early-year

inflation strength, the print will do little to ease

policymakers' inflation anxieties, particularly given the

context of accelerating labor demand, increased inflation

expectations, and incoming tariff effects," economists at BNP

Paribas said in a note.

Responding to the uptick in inflation, Trump, who assumed

office on January 20 and had campaigned on the promise of

lowering prices, said the latest data should not be attributed

to his administration.

Fed Chair Jerome Powell, on his second day of testimony to

Congress, said the data was further evidence that the central

bank's battle with rising prices wasn't finished.

Traders currently see only one 25-basis-point interest-rate

cut from the Fed this year, but not before September, according

to the CME's FedWatch.

The last reading of the personal consumption expenditures

price index, the Fed's preferred inflation gauge, showed the

fastest rise in months. Persistent signs of rising inflation

could mean the central bank's policymakers will be cautious

about cutting rates at all this year.

Meanwhile, Trump said Russian President Vladimir Putin and

Ukrainian President Volodymyr Zelenskiy had expressed a desire

for peace in separate phone conversations with him on Wednesday.

At 07:10 a.m., Dow E-minis were up 13 points,

or 0.03%, S&P 500 E-minis were down 4.75 points, or

0.08%, and Nasdaq 100 E-minis were down 2 points, or

0.01%.

Most megacap and growth stocks fell in premarket trading,

although Tesla was an outlier, advancing 1.9%.

Trade Desk ( TTD ) dropped 28.8% after the ad tech firm

forecast its first-quarter revenue below analysts' estimates.

Reddit ( RDDT ) shed 11.8% after the social media platform

missed market estimates for daily active unique visitors in the

fourth quarter.

Cisco Systems ( CSCO ) added 6.4% after the

network-equipment maker raised its annual revenue forecast,

while Robinhood Markets ( HOOD ) jumped 11.8% after the trading

platform beat fourth-quarter profit expectations.

Deere fell 4.6% after the world's largest

farm-equipment maker's quarterly revenue slumped 35% and missed

analysts' expectations.

Howmet Aerospace ( HWM ) added 2.1% after the aerospace

supplier forecast first-quarter profit above estimates.