On Wednesday morning, as Wall Street anticipated the producer price index, stock futures showed no change.
Both futures linked to the S&P 500 and the Dow Jones Industrial Average traded relatively flat. Futures for the Nasdaq 100 increased 0.08%.
Stocks are coming off a positive session as Wall Street assessed the consequences of the Israel-Hamas conflict and Treasury yields dropped from recent highs. The S&P 500 rose 0.52%, the Nasdaq Composite rose 0.58%, and the 30-stock Dow increased 0.40%.
The benchmark 10-year Treasury yield, meanwhile, decreased by around 13 basis points to about 4.65%.
Source (CNBC)
