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16.07.202600:26:03UTC+00US Futures Flat After Positive Session

US stock futures were steady on Thursday after the major indexes advanced in the previous session, as softer inflation data pushed Treasury yields lower and bolstered equities. On Wednesday, the Dow rose 0.29%, the S&P 500 gained 0.38%, and the Nasdaq Composite added 0.62%, driven by strength in the communication services, consumer discretionary, and financial sectors. Both headline and core producer prices came in below forecasts for June, reinforcing the weaker CPI report from the previous day and diminishing expectations of a near-term Federal Reserve rate hike. Sentiment was further supported by strong earnings from leading financial institutions, indicating that corporate profit growth remains resilient. Investors now turn their attention to Thursday’s retail sales and weekly jobless claims data, as well as earnings releases from Netflix, UnitedHealth, General Electric, and other major companies.

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