Stock Futures Tick Higher After Indices Rebound

  • Stock Market News
Stock Futures Tick Higher After Indices Rebound
Credit: © Reuters.

By Oliver Gray - U.S. stock futures lifted slightly during Wednesday’s evening deals, with major benchmark indices bouncing back during the regular session after a hotter-than-expected inflation report on Tuesday caused the worst daily selloff since 2020.

By 7:00pm ET (11:00pm GMT) Dow Jones Futures were up 0.2%, S&P 500 Futures gained 0.3% and Nasdaq 100 Futures were up 0.4%.

Ahead in Thursday’s session, market participants will be looking ahead to fresh jobless claims , retail sales and import price data, as well as the Empire State manufacturing survey and the Philadelphia Fed manufacturing survey .

During Wednesday’s regular trade, the Dow Jones Industrial Average added 30.1 points or 0.1% to 31,135.1, the S&P 500 added 0.3% to finish at 3,946 and the NASDAQ Composite rose 0.7% to 11,719.7.

On the data front, Wednesday’s producer price index report showed a decrease in wholesale prices of 0.1% in August, in-line with analyst expectations.

On the bond markets, United States 10-Year rates were at 3.404%.

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