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Benzinga
Benzinga
Business
Rishabh Mishra

Stock Market Today: S&P 500, Dow Futures Rise, Nasdaq Falls as July Inflation Cools—Cisco Systems, Netflix, Applied Materials in Focus (UPDATED)

Wall Street New York Stock Exchange

U.S. stock futures were mixed on Thursday, as the Nasdaq 100 index fell and the Dow Jones and S&P 500 indices rose, following Wednesday’s lower close.

On the economic front, July’s headline Producer Price Index (PPI) remained unchanged month-over-month, while core PPI—excluding foods, energy, and trade services—rose 0.4%. Meanwhile, initial jobless claims for the week ending Aug. 8 increased by 9,000 to 209,000, indicating continued labor market resilience.

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