S&P 500 futures slip as investors weigh more bank earnings, await inflation data

US Stock Market LIVE Updates: Stock futures were mixed on Wednesday morning (July 16) as investors parsed second-quarter earnings from major banks and looked ahead to the release of June’s wholesale inflation data. Futures linked to the Dow Jones Industrial Average edged up 29 points, while S&P 500 futures dipped slightly. Nasdaq-100 futures slipped 0.2%US Stock Market LIVE Updates: Stock futures were mixed on Wednesday morning (July 16) as investors parsed second-quarter earnings from major banks and looked ahead to the release of June’s wholesale inflation data. Futures linked to the Dow Jones Industrial Average edged up 29 points, while S&P 500 futures dipped slightly. Nasdaq-100 futures slipped 0.2%. Bank of America posted better-than-expected Q2 earnings, boosting its stock by more than 1%. However, the bank’s net interest income came in below analyst estimates. Investors are also awaiting results from Goldman Sachs and Morgan Stanley, both slated to report later in the morning. Attention now turns to the June producer price index (PPI), due at 8:30 a.m. ET. Economists surveyed by Dow Jones anticipate a 0.2% month-over-month increase.Watch this space for all the live updates.

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