07:10 AM EDT, 05/16/2025 (MT Newswires) -- Wall Street futures pointed moderately higher pre-bell as traders digested the waning earnings season and weighed softening interest rates.

In the futures, the S&P 500 rose 0.3%, the Nasdaq inclined 0.3% and the Dow Jones was up 0.4%.

Yields on benchmark 10-year US Treasuries inched lower in morning hours, near 4.40%, after the producer price index release Thursday pointed to possibly easing inflation.

Asian exchanges traded unevenly overnight, while European bourses tracked moderately higher midday on the continent.

RBC Bearings plans to report earnings pre-bell, among others.

On the economic calendar at 8:30 am ET is the April housing starts and permits bulletin, along with the April import and export prices report.

The May consumer sentiment release from the University of Michigan posts at 10 am, followed by the weekly Baker Hughes oil-and-gas rig count at 1 pm.

Federal Reserve Richmond President Thomas Barkin speaks at 6 pm, and San Francisco Fed President Mary Daly at 8:40 pm.

In pre-market action, bitcoin traded at $103,769, West Texas Intermediate crude oil traded higher at $61.68, and 10-year US Treasuries offered 4.41%. Spot gold traded for $3,201 an ounce.