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Ahmad al-Sharaa  ·  2026-09-11 00:00

US stock futures edge higher ahead of inflation data

New York, Sept. 10 (SANA)U.S. stock futures edged higher Thursday as investors awaited wholesale inflation data, while elevated Treasury yields and oil prices above $100 remained in focus.Futures tied tothe Dow Jones Industrial Averagerose 174 points, or 0.33%, while S&P 500 futures gained 0.18%. Nasdaq-100 futures were marginally lower, CNBC reported.The moves followed a third consecutive session of losses for majorWall Street indexes. The Dow fell more than 400 points, or 0.8%, Wednesday, while the S&P 500 lost 0.5% and the Nasdaq Composite declined 0.6%.U.S. Treasury yields remained a source of pressure after the yield on the benchmark 10-year Treasury note climbed to 4.857%, its highest level since November 2023.Oil prices also weighed on market sentiment amid escalatingU.S.-Iran tensionsand concerns over energy supplies. Brent crude settled 3.4% higher at $101.21 a barrel Wednesday, while U.S. West Texas Intermediate crude gained 3.3% to $96.05.Investors are awaiting the August producer price index, a measure of wholesale inflation, due Thursday. Economists surveyed by Dow Jones expect a 0.3% monthly increase and a 5.3% rise from a year earlier.The closely watchedconsumer price indexis due Friday, with economists forecasting a 0.4% monthly increase and a 3.4% year-on-year rise. Weekly initial jobless claims and August existing home sales are also due Thursday.Asian markets were mixed Thursday. Japan’s Nikkei 225 gained 0.2%, while South Korea’s Kospi fell 0.25%. Hong Kong’s Hang Seng was down 1.23% in late trading, mainland China’s CSI 300 lost 0.53% and Australia’s S&P/ASX 200 fell more than 1%.