09:26 AM EDT, 09/10/2025 (MT Newswires) -- US stocks look set to open higher in Wednesday's trading session after a key inflation measure unexpectedly declined.
The Dow Jones Industrial Average futures edged 0.03% higher, S&P 500 futures gained 0.51%, and Nasdaq futures rose 0.55%.
Oil prices were sharply higher, with front-month global benchmarks Brent crude and West Texas Intermediate crude rising 1.02% and 1.07% respectively.
The Producer Price Index declined 0.1%, a sharp drop from last month's 0.7% increase and beat analysts' expectations of a 0.3% gain, according to Bloomberg.
Investors are looking ahead to the crude oil inventories report, which is set to be released at 10.30 ET by the US Energy Information Administration.
In other world markets, Japan's Nikkei gained 0.87%, Hong Kong's Hang Seng rose 1.01%, and China's Shanghai Composite was up 0.13%. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 gained 0.13%, while Germany's DAX rose 0.07% and France's CAC 40 increased 0.53%.
In active stocks, shares of Antelope Enterprise ( AEHL ) soared 133% in Wednesday's premarket after it said late Tuesday that its shareholders approved its $1.5 billion merger with Strive Enterprises. Asset Entities ( ASST ) shares jumped 89% adding to its 18% gain Tuesday. Oracle (ORCL) rose 31% after the company reported higher fiscal Q1 results overnight and said its contract backlog will likely exceed $500 billion amid strong demand over the coming months.
On the losing side, QMMM ( QMMM ) plunged 62% after climbing more than 1,700% the previous session. Epsium Enterprise ( EPSM ) shares tumbled 59% after a 411% gain on Tuesday. Kindly MD (NAKA) shares lost 27% after it said Wednesday that its Nakamoto unit has committed to investing up to $30 million in Metaplanet, a Tokyo-listed bitcoin treasury firm. And Synopsys ( SNPS ) shed 26% after the company overnight posted fiscal Q3 results that missed Wall Street's estimates and cut its full-year earnings outlook.