US equity futures show minimal movement ahead of key inflation data that could influence Federal Reserve policy expectations.
Dow Jones futures traded flat at 49,850 in European hours Wednesday, reflecting cautious sentiment before the release of US producer price index data. The report is closely watched for signs of inflationary pressures that may impact Federal Reserve interest rate decisions.
The S&P 500 futures edged up 0.24% to 7,440, while Nasdaq 100 futures gained 0.71%, suggesting sector rotation toward technology stocks. Markets remain sensitive to inflation readings following recent volatility in bond yields and equities.
No immediate market reaction was observed, as traders await the PPI figures for further direction.