U.S. stock index futures edged lower Wednesday evening as investors awaited key inflation data and monetary policy signals from Federal Reserve Chair Jerome Powell. The dip followed a mixed day on Wall Street, where tech stocks outperformed amid ongoing optimism around artificial intelligence, while broader sectors showed weakness.
S&P 500 futures slipped 0.1% to 5,896.25, Nasdaq 100 futures dropped 0.1% to 21,372.25, and Dow Jones futures led declines, down 0.5% to 41,929.0 as of 8:00 p.m. ET.
Markets are now focused on Thursday’s U.S. producer price index (PPI) release, expected to show moderating factory-level inflation for April. The report comes on the heels of softer-than-expected consumer price index (CPI) data, which sparked hopes of potential interest rate cuts if inflation continues to cool.
All eyes are also on Jerome Powell’s speech Thursday, where he will review the Fed’s policy framework. Investors are looking for hints on future rate decisions, especially after the Fed recently held rates steady and signaled caution due to economic uncertainty.
On Wednesday, Wall Street indexes saw varied performance. The Nasdaq climbed 0.7% to 19,146.81, lifted by gains in AI-linked tech stocks like SuperMicro, which surged over 15%, and CoreWeave, up 6.6% during the session before tumbling nearly 8% after hours on margin concerns. The S&P 500 rose 0.1% to 5,892.58, while the Dow fell 0.2% to 42,051.06.
In after-hours trading, UnitedHealth Group (NYSE:UNH) dropped more than 7% following a Wall Street Journal report that the company is under DOJ investigation for alleged Medicare fraud. The stock is now down nearly 39% year-to-date, amid rising regulatory pressure and leadership changes.


Oil Prices Hold Near Two-Week Highs as Markets Await Fed Rate Cut and Monitor Geopolitical Risks
Stocks Slip as Investors Brace for Fed Decision and JPMorgan Warning Weighs on Markets
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness
Australia’s Business Conditions Ease in November as Capacity Constraints Persist
Australian Dollar Rises as RBA Holds Rates and Signals Persistent Inflation Risks
U.S. Economic Outlook 2026: Growth Seen Strengthening as Fiscal Support Ramps Up
Japan’s Q3 Economic Contraction Deepens as Revised Data Signals Stronger Headwinds
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High
Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand
Wall Street Futures Steady as Markets Await Fed Decision; Nvidia Gains on China Chip Sales Approval
UK Job Market Shows Persistent Weakness Ahead of November Budget
U.S.-Indonesia Trade Deal Faces Uncertainty as Jakarta Reconsiders Key Commitments
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines
U.S. Open to Special Trade Terms for South Africa Under Possible AGOA Extension
U.S. Defense Bill Sets Record $901 Billion Budget, Includes Ukraine Aid 



