Global markets mostly rose and U.S. futures were up on continued hopes the Federal Reserve would cut rates next month.

Futures tied to Canada's main stock index steadied on Friday after the previous session's losses, as attention shifted to an upcoming high-stakes U.S.–Russia summit to discuss a potential end to the war in Ukraine.

Oil futures are up by 1.8% after President Trump said he believes there is a 25% chance that his meeting with Russian President Vladimir Putin on

U.S. stock futures were rising early Wednesday after indexes reached new highs on the back of encouraging inflation data, firming up bets on a September rate cut from the Federal Reserve. Dow Jones Industrial Average futures were up 97n points,

Gold futures posted modest gains Wednesday on heightened expectations of a Federal Reserve interest rate cut after mild July inflation data signaled limited pass-through from President Trump's tariffs.

The S&P 500 Index ($SPX) (SPY) is down -0.03%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.05%. September E-mini S&P futures (ESU25) are down -0.

Stocks moved sharply lower this morning following hotter-than-expected inflation data. The producer price index (PPI) and core PPI both rose 0.9% in July, firmly higher than Wall Street's estimated increases of 0.