Wall St futures tick higher as oil retreats ahead of inflation data
SPY•Premarket movers and market backdrop
At 05:47 a.m. ET, Dow E-minis were up 128 points, or 0.24%, S&P 500 E-minis were up 12.5 points, or 0.16%, and Nasdaq 100 E-minis were up 5.5 points, or 0.02%.
PC makers Dell Technologies and HP gained 4% and 1.8%, respectively, in premarket trading after earnings from China's Lenovo beat expectations.
Dow component Cisco Systems dropped 6% despite the networking equipment maker forecasting fiscal 2027 revenue above Wall Street expectations.
Cerebras Systems slumped more than 18% after the AI chip designer missed quarterly revenue estimates. Its shares had rallied about 24% in the last four sessions.
Most megacap and growth stocks were trading higher, with Alphabet, Amazon and Apple all up about 0.5% each.
The earnings calendar is thinning out, with more than 430 S&P 500 companies having already reported for the quarter ended June.




