September S&P 500 futures (ESU23) are trending up +0.29% this morning after three major U.S. benchmark indices ended the regular session mixed as investors digested the latest U.S. inflation report while also bracing for crucial U.S. PPI data.
In Wednesday’s trading session, Moderna Inc (MRNA) climbed over +3% after the drugmaker said its flu vaccine mRNA-1010 met the primary goal in a late-stage trial. Also, JB Hunt Transport Services Inc (JBHT) gained more than +4% following the company’s announcement that it anticipates a gradual rise in freight, attributed to retailers largely reducing excess inventories. In addition, Ford Motor Company (F) rose over +1% after the auto giant announced plans to double the production of its hybrid F-150 pickup trucks in 2024. On the bearish side, American Airlines Group (AAL) plunged more than -5% after the carrier cut its Q3 adjusted EPS guidance amid a jump in jet fuel prices.
