Mohawk Industries shares fall 1.73% premarket as traders await latest producer prices report.

Mohawk Industries, Inc. fell 1.73% in premarket trading. The decline aligns with the broader market sentiment as stocks fell pre-bell, with traders awaiting the latest producer prices report. Additionally, futures paused after steady gains on Wall Street, and economic data remained in focus. The overall market trend, with the S&P 500 and Nasdaq hovering near record highs, suggests a cautious approach by investors, potentially impacting Mohawk Industries' stock performance.