Economic Indicators - Today's consumer price index (CPI) report is crucial for Federal Reserve's future rate cut projections, with a cooler CPI potentially leading to more aggressive rate cuts [1] - Economists forecast a 0.3% monthly increase for both overall CPI and core CPI, with headline inflation expected to rise to 2.9% from 2.7% and core CPI inflation holding at 3.1% [3] - Initial jobless claims are expected to dip to 234,000, down from 237,000 the previous week, indicating modest levels historically [4] Market Reactions - S&P 500 futures are pointing modestly higher ahead of the CPI data, following a record closing high for the index [2] - The S&P 500 has climbed 11.1% year-to-date and surged 31.1% from its 52-week low on April 8 [6] Federal Reserve Outlook - Markets are pricing in an 8% chance of a 50-basis-point rate cut next Wednesday, with a quarter-point cut considered certain [5] - There is a 77% probability of a cumulative 50-basis-point rate cut by the end of the October 29 Fed meeting, with odds of 75 basis points in rate cuts over the final three meetings of the year rising to 69% from 46% [5] Company Performance - Oracle's stock continues to rise due to a significant increase in data-center revenue backlog driven by AI, surprising analysts [2] - Nvidia has gained further traction following a strong performance in the previous session, indicating robust interest in AI-related stocks [2]

Oracle office in Santa Monica, CaliforniaRichard Vogel/AP Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's AI-fueled cloud expansion as a catalyst for more upside. Oracle posted blockbuster gains on Wednesday, and the rally may not be over, according to equity analysts at Jefferies. The surge in Oracle's stock price came after the software giant shocked ...

Key TakeawaysUS headline Consumer Price Index (CPI) for August saw a month-over-month increase of 0.4%, surpassing expectations of 0.3%, though the annual rate met forecasts at 2.9%.The European Central Bank (ECB) maintained its key interest rates, holding the Deposit Facility Rate at 2.00% as anticipated, while revising its inflation outlook higher for 2025 and 2026.Kroger (KR) delivered a strong second quarter, reporting adjusted earnings per share of $1.04, exceeding estimates, and robust identical-store ...

US stock futures nudged higher on Thursday as the latest reading on consumer inflation showed consumer prices ticked up in August, helping set expectations for the pace of interest rate cuts this year. Futures on the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) all gained around 0.2%, on the heels of a muted but record-setting session on Wednesday. Thursday's Consumer Price Index (CPI) report for August exhibited some signs that President Trump's tariffs ...

US stocks rose on Thursday as the latest reading on inflation showed consumer prices ticked up in August, helping set expectations for the pace of interest rate cuts this year. Meanwhile, more data showed fresh signs of weakness in the labor market. The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) rose over 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) all gained around 0.4%, on the heels of a muted but record-setting session on Wednesday. Thursday's Consumer Price Index (CPI) repor ...

European Central Bank President Christine Lagarde - daniel Roland/Agence France-Presse/Getty Images The European Central Bank is staying on hold as it waits for more clarity on how the Trump administration’s tariffs will affect growth and inflation. The central bank left its key deposit rate at 2% on Thursday for the second consecutive meeting. It brought rates down eight times starting in June 2024, an aggressive easing campaign that contrasts with the Federal Reserve. The Fed’s reluctance to cut rates ...

PORTLAND, Tenn., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the issuance of its new U.S. patent (the ‘295 patent) that expands its Big Lead Assembly (BLA) intellectual property portfolio and further solidifies its leadership in American energy infrastructure innovation. The ‘295 patent adds yet another patent to those already protecting Shoals’ B ...

Corn price action is steady to 1 ½ cents higher so far on Thursday morning. Futures closed out the Wednesday session with contracts down 2 to 4 cents across most contracts. Traders continue to place bets ahead of the supply and demand updates on Friday. There were 154 deliveries issued against September corn futures overnight. The CmdtyView national average Cash Corn price was down 2 3/4 cents at $3.72 ¼. Export Sales data will be released this morning, with traders expecting between 0.9 and 2.4 MMT in 20 ...

Soybeans are trading with 5 to 6 cent gains so far on Thursday AM. Futures fell back into the Wednesday close, with contracts 5 to 6 cents in the red. Preliminary open interest suggested new selling interest, up 12,421 contracts. There were 10 deliveries issued against September soybeans overnight. The cmdtyView national average Cash Bean price was down 5 ¾ cents at $9.47 1/2. Soymeal futures closed Wednesday with losses of $2.80 to $5.30, with Soy Oil futures 36 to 54 points higher. The CME reported anoth ...

Wheat is showing steady to 2 cent lower trade on Thursday morning. The wheat complex posted continued losses across all three exchanges on Wednesday. CBT soft red wheat futures were down 5 to 6 cents on the session. KC HRW futures were 1 to 4 cents lower on Wednesday. There were another 6 deliveries issued overnight. MPLS spring wheat was 7 to 8 cents in the red to close out the day. Weekly Export Sales data will be out this morning, as traders are looking for between 300,000 and 650,000 MT of sales in th ...