US inflation cooled off at the wholesale level as businesses’ margins took a big hit in August, new data showed Wednesday. Producer prices unexpectedly fell 0.1% in August, cooling annual inflation to 2.

Tesla soared early Monday on CEO Elon Musk's stock move. Nvidia fell on a China antitrust ruling. The Fed meeting looms.

At the end of a week dominated by a highly charged Federal Reserve meeting, markets were slipping after a rate-cut rally the previous session pushed the three main indexes to record highs. Attention will now turn to U.

U.S. stock futures showed a mixed picture on Monday, with S&P 500 and Nasdaq futures ticking higher while Dow futures edged lower, as investors prepared for a pivotal Federal Reserve interest rate decision later this week.

Dow Jones futures rose modestly overnight, along with S&P 500 futures and Nasdaq futures. Meta PlatformsMETA CEO Mark Zuckerberg is giving a key address Wednesday night, with Meta stock above early entries.

U.S. stocks appear poised for a cautious opening on Tuesday as the Federal Reserve begins its two-day meeting to discuss the direction of monetary policy amid soft inflation and a weakening labor market.

Stock index futures rose on Monday, as traders turned their focus to the key Federal Reserve meeting slated for later in the week. S&P 500 futures (SPX) +0.2%, Nasdaq 100 futures (US100:IND) +0.1%, and Dow futures (INDU) +0.