FX.co ★ US Futures Dip Ahead of More Earnings, PPI Report

On Wednesday, U.S. stock futures saw a slight decline as investors adopted a more cautious stance in light of the upcoming corporate earnings announcements and the release of the latest producer price index (PPI) data. Key financial institutions, including Bank of America, Goldman Sachs, and Morgan Stanley, are scheduled to disclose their earnings prior to the market opening, alongside healthcare leader Johnson & Johnson. Economically, the spotlight is on June’s PPI report as the market seeks greater insight into the impact of President Trump’s tariff policies on producer prices and inflationary trends. During Tuesday's regular trading session, the Dow Jones Industrial Average experienced a 0.94% drop, and the S&P 500 decreased by 0.4%, both affected by stronger-than-anticipated consumer inflation figures for June, which intensified concerns about price pressures stemming from tariffs. Conversely, the Nasdaq Composite index advanced by 0.18%, supported by Nvidia's 4% increase following its optimistic outlook on resuming sales of its H20 AI chips to China.