US stock futures were little changed on Thursday after the major indexes posted gains in the previous session, as softer inflation data drove Treasury yields lower and supported equities.
In regular trading on Wednesday, the Dow advanced 0.29%, the S&P 500 added 0.38%, and the Nasdaq Composite climbed 0.62%, led by gains in the communication services, consumer discretionary, and financial sectors.
Both headline and core producer prices came in below expectations in June, reinforcing the weaker CPI report released a day earlier and reducing expectations of a near-term Federal Reserve rate hike.
Strong earnings from major financial companies further boosted sentiment by signaling that corporate profit growth remains resilient.
Investors are now awaiting Thursday's retail sales and weekly jobless claims data, along with earnings reports from Netflix, UnitedHealth, General Electric, and other major companies.