Traders at work at the New York Stock Exchange on July 15, 2026.
new york stock exchange
U.S. stock futures were little changed Wednesday night after rising on slower inflation, lower U.S. Treasury yields and encouraging earnings reports.
futures The stock fell 0.08% (42 points) in line with the Dow Jones Industrial Average. S&P500 futures It fell 0.04%, Nasdaq 100 futures It fell by 0.23%.
In normal transactions, Dow It advanced 150.91 points (0.3%) to end the day at 52,659.18. wide market S&P It rose 0.4% to end at 7,572.43, heavy on tech stocks. Nasdaq Composite It rose 0.6% to 26,269.23.
In Asia, Korean Kospi plunged more than 7%, and the small-cap Kosdaq fell 5%. Japanese benchmark Nikkei Stock Average fell 3%, and TOPIX fell 1.19%. Hong Kong’s Hang Seng index rose 1.31%, while the CSI300 index fell 0.55%. australian benchmark S&P/ASX 200 It fell by 0.3%.
A weaker-than-expected U.S. producer price index boosted optimism that inflation is calming, contributing to a rise in stock prices, while expectations that the Federal Reserve would keep its key interest rates unchanged provided investors with some reassurance. Additionally, strong earnings from large financial institutions reassured investors that earnings growth was sustained despite easing inflation, while lower U.S. Treasury yields increased demand for growth stocks, especially large-cap technology companies.
Michael Kantrowitz, chief investment strategist and head of portfolio strategy at Piper Sandler, emphasized on CNBC’s “Closing Bell: Overtime” the importance of flat or declining interest rates for market expansion.
“I absolutely believe that for the market to expand, interest rates need to stay flat or fall,” he said. “The best backdrop for the stock market in today’s system would be more or less depressed employment, because I think that would help keep interest rates in check and prevent them from rising.”
Investors will be watching retail sales data and jobless claims Thursday at 8:30 a.m. ET for further signs of whether the economy has slowed enough to contain inflation without falling into a deep recession.
Corporate profits also remain an important factor. UnitedHealth will report results before the bell, and Netflix will report results after the bell.
