FX.co ★ US Futures Edge Lower Ahead of PPI Report

U.S. stock futures experienced a slight decline on Thursday as investors anticipated the release of the latest producer inflation figures. This comes on the heels of a consumer inflation report that was softer than expected, reducing the urgency for the Federal Reserve to increase interest rates. In terms of trade developments, U.S. and Chinese officials have tentatively reached an agreement during discussions in London earlier this week; however, this deal still awaits formal endorsement by Presidents Trump and Xi. Treasury Secretary Scott Bessent signaled the possibility of the Trump administration prolonging the 90-day suspension of reciprocal tariffs for countries that exhibit "good faith" in trade negotiations. On the corporate front, Oracle shares surged over 7% in after-hours trading, driven by strong fiscal fourth-quarter earnings and revenue that exceeded expectations. In the regular trading session on Wednesday, the S&P 500 decreased by 0.27%, the Nasdaq Composite dropped by 0.5%, while the Dow remained unchanged.