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US Stocks Slip as PPI Inflation and Oil Prices Rise

By Stocks Desk · 2026-09-10 · Updated 2026-09-11 02:44 UTC
A silhouette of a crude oil pump jack against a hazy horizon
Illustration: Tradingbird

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/sp500
  • Wholesale 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
Based on reporting by GN stocks/sp500 and GN stocks/sp500, compiled by the Tradingbird desk.

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