(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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PPI rises 0.2% in October, jobless claims lower than

forecast

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Walt Disney ( DIS ) up after beating Q4 earnings forecast

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Tapestry gains after terminating Capri deal

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Futures: Dow up 0.17%, S&P 500 down 0.03%, Nasdaq down

0.08%

(Updated at 8:49 a.m. ET/1349 GMT)

By Lisa Pauline Mattackal and Purvi Agarwal

Nov 14 (Reuters) - U.S. stock indexes were on track for

a subdued open on Thursday after monthly producer prices rose as

expected, with investors awaiting Federal Reserve Chair Jerome

Powell's comments later in the day for clues on the outlook for

interest rates.

The producer price index (PPI) for final demand rose 0.2% on

a monthly basis in October, in line with forecasts, though the

annual rise of 2.4% was a touch higher than expectations.

Jobless claims dropped 4,000 to a seasonally adjusted

217,000 for the week ended Nov. 9, lower than forecast, in a

sign of continued strength in the labor market.

"Investors appear to be taking stock now, unsure about

increasing their exposure further," David Morrison, senior

market analyst at Trade Nation, said.

Traders slightly trimmed bets on an interest rate cut at the

Fed's December meeting, seeing a 76.1% chance of a 25-basis

point reduction from 82% prior to the data, according to the CME

FedWatch tool.

Bets on a December cut had increased after Wednesday's

consumer price index data, which was in line with forecasts.

Powell will provide an update on his economic outlook to

business leaders in Dallas, a day after some Fed policymakers

shifted their attention back to inflation risks as they weighed

when, and how fast and far, to cut interest rates.

Fed governor Adriana Kugler said on Thursday the central

bank has made considerable progress in working to achieve its

job and inflation goals, though noting challenges in bringing

inflation back to target.

Policies under President-elect Donald Trump's administration

are widely expected to add to inflationary pressures.

Changing inflation expectations are clearly visible in the

bond market, where the U.S. 10-year Treasury yield

has ticked up to its highest since July, which could limit gains

for rate-sensitive equities.

Dow E-minis were up 76 points, or 0.17%, S&P 500

E-minis were down 1.75 points, or 0.03%, and Nasdaq 100

E-minis were down 16.25 points, or 0.08%.

Meanwhile, Walt Disney ( DIS ) soared 9% after reporting

quarterly earnings that topped Wall Street's estimates.

Shares of cryptocurrency-focused companies rose as bitcoin

continued to climb on hopes of favorable policies under

Trump. Coinbase Global ( COIN ) gained 2.6%, miner MARA Holdings ( MARA )

rose 2.2% and bitcoin buyer MicroStrategy ( MSTR ) was

up 3.2% in premarket trading.

Tapestry gained 9.5% after the Coach parent said it

was terminating its $8.5 billion deal for Michael Kors owner

Capri Holdings ( CPRI ) after the deal was blocked by a U.S.

judge. Capri's shares fell 5.6%.

Remarks from Fed official John Williams are expected later

in the day.