US stock futures rise after producer prices come in softer than expected
According to Reuters, US producer prices rose 0.3% in October, below the 0.4% economists expected, easing pressure on the Fed and lifting Wall Street stocks on Friday.
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what happened
Major US stock indexes opened higher on Friday after the Labor Department reported that the producer price index for final demand rose 0.3% in October, while economists polled by Reuters had expected a 0.4% gain. The softer reading may ease some pressure on the Federal Reserve to lift interest rates aggressively.
Traders are fully pricing in a 25 basis point hike next month, though CME FedWatch puts the odds of a 50 basis point move at about 14%. Nvidia shares rose 2.3% in premarket trading after Jensen Huang stepped down as chief executive, with Colette Kress named interim CEO.
why it matters
The key signal for markets is that price pressures at the producer level are not accelerating, which lowers the risk of a sharp Fed tightening. That supports index futures, though uncertainty around the AI sector and geopolitics remains.
market impact
US stocks: softer producer prices support index futures and ease rate-hike fears
- S&P 500 futures pressure up — softer producer inflation lowers the risk of aggressive Fed tightening
tags
instruments
on polymarket
sources
- Wall St set to open higher after soft producer prices — Reuters, 13 November 2026 at 14:03 UTC
- Wall St opens higher after soft producer prices data — Reuters, 13 November 2026 at 14:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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