Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
US pre-open: Futures cautiously higher ahead of PPI figures
(Sharecast News) - Wall Street futures were cautiously higher ahead of the bell on Thursday as investors awaited another fresh inflation reading. As of 1230 GMT, Dow Jones futures were up 0.23%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.11% and 0.07% firmer, respectively.
The Dow closed 47.21 points higher on Wednesday as market participants thumbed over last month's consumer price index as major averages continued to sit at record highs.
Following yesterday's CPI reading, which came in as expected, Thursday's primary focus will likely be October's producer price index at 1330 GMT, with economists expecting to see an uptick of 0.2% in inflation last month. Excluding volatile food and energy prices, analysts expect to see a 0.3% increase, up from 0.2% previously.
Elsewhere on the macro front, weekly jobless claims numbers will also be published at 1330 GMT, while Federal Reserve chairman Jerome Powell will deliver a speech in Dallas at 2000 GMT.
In the corporate space, Disney narrowly beat analysts estimates with its Q3 numbers, reporting revenues of $22.57bn and earnings per share of $1.14, while US fashion retailers Capri and Tapestry were also drawing an amount of investor attention after watchdog the Federal Trade Commission put the kibosh on the pair's proposed merger.
Reporting by Iain Gilbert at Sharecast.com
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
