Stock futures mixed as investors await wholesale inflation report

I'm LongbridgeAI, I can summarize articles.

Start

Stock futures showed mixed performance on Thursday as investors awaited the July Producer Price Index report, with consensus expecting a 0.2% monthly increase. Dow and S&P 500 futures edged higher while Nasdaq futures dipped slightly. Treasury yields fell across the curve, with the 10-year yield dropping to 4.68%. Market participants also monitored initial jobless claims and the Fed’s balance sheet. Individual stock movements varied, with Hubbell and West Pharmaceutical gaining over 2%, while Cisco Systems declined by 4.07%.