U.S. stock index futures rose on Tuesday, as investors digested U.S. July producer prices data, which showed a weaker-than-expected rise in final demand prices, reinforcing bets on a bigger interest rate cut by the Federal Reserve in September. Adding to investor optimism, Starbucks (SBUX) shares surged 15.5% after the world's biggest coffee chain announced that Chipotle Mexican Grill's (CMG) chairman and chief executive officer Brian Niccol had been appointed its new chairman and CEO.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
|---|
Nikkei | 36,232.51 | +1,207.51 | +3.45% |
|---|
Hang Seng | 17,174.06 | +62.41 | +0.36% |
|---|
Shanghai | 2,867.95 | +9.74 | +0.34% |
|---|
S&P/ASX | 7,826.80 | +13.10 | +0.17% |
|---|
FTSE | 8,219.92 | +9.67 | +0.12% |
|---|
CAC | 7,244.44 | -6.23 | -0.09% |
|---|
DAX | 17,761.24 | +34.77 | +0.20% |
|---|
Crude oil | $79.83 | -0.23 | -0.29% |
|---|
Gold | $2,504.60 | +0.60 | +0.02% |