S&P 500, Nasdaq Futures Decline After August PPI Data
By EC Assets · Published
S&P 500 and Nasdaq futures experienced slight losses after the release of August Producer Price Index (PPI) data. Futures for the S&P 500 declined by 0.48 percent. Nasdaq futures saw a 0.29 percent drop. Dow futures decreased by 0.77 percent. Wholesale prices in the U.S. rose by 0.4 percent in August. This increase was within expectations. U.S. wholesale inflation reached 5.4 percent annually in August 2026. Higher gasoline prices contributed to the rise in wholesale costs. This occurred amid a flare-up in Middle East hostilities and an Iran war. These inflation reports are key factors for the Federal Reserve's decision on interest rates. Traders increased their bets on a Fed rate hike. This followed a speech by Kevin Warsh on Friday. An August jobs report came in stronger than economists anticipated. Economists expected the report to be roughly three times weaker than its actual outcome. A robust jobs report often leads investors to consider rising interest rates. The August jobs report offered clues about the health of the labor market. This data influenced expectations for Federal Reserve interest rate decisions. The Dow, S&P 500, and Nasdaq all slipped on Friday. Despite this, stocks capped a winning month. Nasdaq futures previously sank while the Dow and S&P 500 sought to end a three-day losing streak ahead of inflation data. This article is intended for informational purposes only. It does not constitute investment advice.
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