"Wall Street Anticipates Inflation Report: Stock Futures Rise"

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Source: CNBC
"Wall Street Anticipates Inflation Report: Stock Futures Rise"
Photo: CNBC
TL;DR Summary

Stock futures climbed as traders awaited the August producer price index, while Treasury yields remained steady as investors assessed inflation data. Shares of Chinese EV makers in Europe fell after the EU launched an anti-subsidy probe, and Softbank shares slipped slightly after subsidiary Arm priced its IPO. Australia's unemployment rate held steady in August, and the S&P 1500 Regional Bank Index experienced a small loss, understating a slump in regional banks. In extended trading, Avalo Therapeutics, Semtech Corporation, and Starbucks made notable moves.

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