US Futures Hold Pickup
2026-07-15 11:41
By
Andre Joaquim
1 min. read
Futures tracking US equities were muted on Wednesday, holding the pickup from the previous session as more price data is due to shape the Federal Reserve's policy outlook.
Contracts for the S&P 500, Dow, and Nasdaq 100 were slightly above the flatline.
Core producer prices are expected to have risen sharply in June, contrasting with the soft CPI print from yesterday that erased positions betting on a Fed rate hike in two weeks.
The developments coincide with rising energy prices after their pullback last month on further escalation to strikes between the US and Iran.
Yields rose further, but strong earnings reports underpinned broad gains for equities.
The heavyweight AI sector was supported by strong signals from ASML, lifting AMD and Intel premarket, although volatility continued to grapple memory producers.
Meanwhile, Morgan Stanley rose 1% after posting optimistic results, joining JPMorgan, Bank of America, Citi, and Goldman Sachs in their strong reports yesterday.