Pre-open movers
The Producer Price Index for August is scheduled for release at 8:30 a.m. ET. Following a 1.0% monthly rise in July, analysts expect producer prices increasing 0.6% in August. Data on wholesale inventories for July will be released at 10:00 a.m. ET. Federal Reserve Bank of Cleveland President Loretta Master is set to speak at 9:00 a.m. ET.
Futures for the Dow Jones Industrial Average climbed 187 points to 35,057.00 while the Standard & Poor’s 500 index futures rose 19.25 points to 4,511.50. Futures for the Nasdaq 100 index gained 58.50 points to 15,617.25.
The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 40,602,890 with around 654,590 deaths. India reported a total of at least 33,174,950 confirmed cases, while Brazil confirmed over 20,958,890 cases.
A Peek Into Global Markets
Asian markets traded higher today. Japan’s Nikkei 225 rose 1.25%, Hong Kong’s Hang Seng Index climbed 1.74%, while China’s Shanghai Composite Index gained 0.27%. Australia’s S&P/ASX 200 rose 0.5% and India’s BSE Sensex rose 0.1%. Auto sales in China tumbled 17.8% year-over-year to 1.8 million units in August.
Broker Recommendation
Cowen & Co. initiated coverage on DaVita Inc. (NYSE:DVA) with a Market Perform rating and announced a price target of $145.
DaVita shares rose 0.1% to close at $129.09 on Thursday.
Check out other major ratings here
Breaking News
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
