Traders on the floor of the NYSE, May 13, 2022.
Brendan McDermid | Reuters
Stock futures ticked higher on Wednesday morning as investors awaited the latest inflation numbers and the minutes from the Federal Reserve’s latest meeting.
Futures tied to the Dow Jones Industrial Average added 101 points, or 0.36%. S&P 500 futures and Nasdaq 100 futures were up 0.42% and 0.51%, respectively.
The moves came after the S&P 500 and Nasdaq Composite fell 0.65% and 1.1%, respectively, to post their fifth straight day of declines. The Dow ended the day on a higher note, up about 36 points, but gave back most of its gains from a rally earlier in the session.
Stocks fell off their highs and bond yields ticked up when the Bank of England said its market intervention will be over soon and pension funds have just three days to rebalance positions.
Investors are looking forward to the September producer price index, a gauge of final-demand wholesale…
