As concerns about global trade persisted as traders awaited additional inflation data, stock futures saw a small increase Thursday.
S&P 500 futures increased by 0.1%, while Nasdaq 100 futures saw a 0.2% increase.
The Dow Jones Industrial Average futures saw a 0.1% increase of 48 points.
It is anticipated that the January producer price index will be released at 8:30 a.m. ET. Dow Jones polled economists, and they predict a 0.3% gain.
Increasing global trade tension is another issue that Wall Street is facing.
The White House said Wednesday that before to his meeting with Indian Prime Minister Narendra Modi, President Donald Trump would impose reciprocal taxes on imported products. “Today in the big one: reciprocal tariffs,” Trump wrote in a post on Truth Social on Thursday.
Source (CNBC)
