"US Futures Stable as Wholesale Inflation Falls Short of Expectations"

US stock futures remained steady after wholesale inflation rose less than expected, soothing investor worries following a surprise uptick in consumer prices. The 10-year Treasury yield edged up, while the European Central Bank signaled potential rate cuts. Rising oil prices and anticipation of first-quarter corporate results added to market dynamics. Amazon's shareholder letter revealed the company's development of custom AI chips, impacting Nvidia's stock. Investor sentiment has been affected by the recent inflation report and a JP Morgan survey showing reduced appetite for stocks.