US Stock Futures Rise 0.4% to 0.7% as China Exports Jump 19.4% Before CPI
Updated
Updated · Simply Wall St · Jun 10
US Stock Futures Rise 0.4% to 0.7% as China Exports Jump 19.4% Before CPI
3 articles · Updated · Simply Wall St · Jun 10
Summary
E-mini S&P 500 futures rose about 0.4% and Nasdaq-100 futures gained roughly 0.7% early Wednesday, with investors positioning ahead of US CPI and PPI reports.
China's May exports climbed to $376.8 billion, up 19.4% year on year, while imports rose 27.4%, reinforcing hopes that global demand from Asia and the US remains firm.
The US 10-year Treasury yield held near 4.57%, keeping rate pressure in focus even as easing energy prices offer a possible counterweight on inflation.
Technology and small-cap shares are drawing attention on the growth outlook, while utilities and real estate remain vulnerable to higher-for-longer rate concerns.
Oracle reports Q4 results later Wednesday, followed by Adobe and Lennar on Thursday, giving markets fresh reads on cloud spending, AI software demand and US housing.