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U.S. stock futures are mixed on Friday, following a hot Producer Price Index report that raised questions about September's rate cuts. Futures of major benchmark indices are mixed, with the Dow Jones up 0.68%, S&P 500 up 0.08%, Nasdaq 100 down 0.15%, and Russell 2000 up 0.20%. Intel CEO Lip-Bu Tan is under pressure to resign after meeting with President Donald Trump. The 10-year Treasury bond yielded 4.28%, and the two-year bond was at 3.72%. Markets are pricing a 92.6% likelihood of the Federal Reserve cutting interest rates for the Sept. 17 decision.
U.S. stock futures are mixed on Friday, following a hotter-than-expected Producer Price Index (PPI) report that raised questions about the Federal Reserve's September rate cut plans. Futures of major benchmark indices are trading narrowly, with the Dow Jones up 0.68%, the S&P 500 up 0.08%, the Nasdaq 100 down 0.15%, and the Russell 2000 up 0.20% [1].Daily stocks & crypto headlines, free to your inbox
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