Stock Market News

Dow Futures Tick Higher Ahead of Key PPI Data

2022.10.11 20:11

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© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading slightly higher during Tuesday’s evening deals, after major indices declined for the fifth consecutive session, with market participants remaining cautious ahead of key producer price data as well as minutes from the Federal Reserve’s latest meeting.

By 7:10pm ET (11:10pm GMT) and were up 0.1%, while added 0.2%.

In extended deals, VOXX International Corporation (NASDAQ:) fell 11.9% after the company Q2 losses of $0.42 per share, worse than expected losses of $0.07, while revenues were reported at $125.7 million versus $137.93 million.

Ahead in Wednesday’s session, investors will be watching September’s , which is expected to increase 0.2% following declines of 0.1% last month. In addition, from the Federal Reserve’s September meeting will also be monitored for clues into the path of future rate hikes.

On the earnings front, PepsiCo Inc (NASDAQ:) are set to report before the bell on Wednesday, while reports from major financial companies will be released later in the week.

During Tuesday’s trade, the added 36.3 points or 0.1% to 29,239.2. The fell 23.6 points or 0.7% to 3,588.8 and the fell 115.9 points or 1.1% to 10,426.2.

On the bond markets, were at 3.945%.

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