US Stocks Slip as PPI Inflation and Oil Prices Rise

US equity futures are mixed as traders weigh hot PPI data and oil prices above $109 against imminent CPI figures, pushing September Fed hike odds to 72.4%. Individual stocks like GameStop and Oracle are seeing significant overnight gains driven by insider buying and robust cloud growth, respectively.
According to GN stocks/sp500, overnight futures have flipped to a mixed tape with Dow and S&P 500 gaining slightly while the Nasdaq-100 slips, as traders brace for Friday's CPI release. The report also highlights specific movers, noting that GameStop shares rose nearly 4% following a one-million-share purchase by CEO Ryan Cohen, while Oracle stock climbed over 4% on strong cloud infrastructure growth.
Source: GN stocks/sp500Wholesale inflation data and surging crude oil costs pressured US equity markets, pushing Fed rate-hike odds to 70% ahead of Friday's CPI release.
Source: GN stocks/sp500






