September S&P 500 E-Mini futures (ESU24) are trending up +0.11% this morning as investors awaited crucial U.S. producer inflation data, comments from a Federal Reserve official, and an earnings report from home improvement chain Home Depot.
In yesterday’s trading session, Wall Street’s main stock indexes ended mixed. KeyCorp (KEY) climbed over +9% and was the top percentage gainer on the S&P 500 after Scotiabank announced plans to buy a 14.9% pre-forma stake for a minority investment of about $2.8 billion through the issuance of common shares at a price of $17.17 per share. Also, Monday.com (MNDY) advanced more than +14% after the company posted upbeat Q2 results and raised its full-year revenue guidance. In addition, Starbucks (SBUX) gained over +2% after the Wall Street Journal reported that activist investor Starboard Value had built a stake in the coffee giant. On the bearish side, B. Riley Financial (RILY) plummeted nearly -52% after the company suspended its quarterly dividend and said it expects a Q2 loss between $435 million and $475 million.
