US Futures Rise 0.33% Amid High Yields

US stock futures edged higher on Thursday. Dow Jones Industrial Average futures rose 174 points, or 0.33%. S&P 500 futures gained 0.18%. Nasdaq-100 futures were marginally lower. This movement followed three consecutive sessions of losses for major Wall Street indexes. The Dow dropped more than 400 points, or 0.8%, on Wednesday. The S&P 500 lost 0.5% and the Nasdaq Composite declined 0.6% that day.

Treasury yields continued to pressure market sentiment. The yield on the benchmark 10-year Treasury note climbed to 4.857%. This is its highest level since November 2023. Oil prices also weighed on investor confidence. Brent crude settled 3.4% higher at $101.21 a barrel on Wednesday. US West Texas Intermediate crude gained 3.3% to $96.05. These moves reflect escalating US-Iran tensions and supply concerns.

Wholesale Inflation Data Due

Investors await the August producer price index. This measure of wholesale inflation is due Thursday. Economists surveyed by Dow Jones expect a 0.3% monthly increase. They also forecast a 5.3% rise from a year earlier. The closely watched consumer price index is due Friday. Economists predict a 0.4% monthly increase. They also expect a 3.4% year-on-year rise.

Additional economic indicators are scheduled for release. Weekly initial jobless claims are due Thursday. August existing home sales are also on the calendar. GN markets/inflation (en-US) notes these figures are critical for gauging economic momentum. Market participants are monitoring these data points closely. The results will influence expectations for future monetary policy.

Asian Markets Show Mixed Performance

Asian markets traded in mixed directions on Thursday. Japan’s Nikkei 225 gained 0.2%. South Korea’s Kospi fell 0.25%. Hong Kong’s Hang Seng was down 1.23% in late trading. Mainland China’s CSI 300 lost 0.53%. Australia’s S&P/ASX 200 fell more than 1%. These moves reflect divergent regional economic signals. Investors are reassessing risk positions across the region.