Earnings, CPI Outlook Elevate Wall Street Pre-Bell; Asia Up, Europe Off

BY MT Newswires | ECONOMIC | 10/24/25 07:17 AM EDT

07:17 AM EDT, 10/24/2025 (MT Newswires) -- Wall Street futures pointed moderately higher pre-bell Friday as traders awaited the next inflation report from Washington, and weighed earnings-season results.

In the futures, the S&P 500 rose 0.3%, the Nasdaq added 0.5% and the Dow Jones was up 0.1%.

The September consumer price index (CPI) will be issued by the Bureau of Labor Statistics at 8:30 am ET, as select staffers were called back on duty from the US government shutdown to complete the report.

Asian exchanges traded mostly north overnight on optimism for China-US trade relations ahead of a meeting slated for next Thursday, between President Donald Trump and China President Xi Jinping.

European bourses edged lower midday on the continent.

In earnings news, Intel (INTC) rose 8% pre-bell after the chip-maker reported a swing into the black in Q3 on strong sales, late Thursday.

Ford (F) rose 4% pre-bell after the auto-giant reported Q3 earnings and revenue above Street views, after-bell Thursday.

On the economic calendar, in addition to the CPI report, is the S&P Global PMI for October at 9:45 am ET, followed by the consumer sentiment bulletin for October from the University of Michigan at 10 am.

The weekly Baker Hughes domestic oil-and-gas rig count posts at 1 pm.

In premarket action, Bitcoin traded at $111,160, West Texas Intermediate crude oil traded steadily at $61.80, and 10-year US Treasuries offered 4.01%. Spot gold traded for $4,062 an ounce.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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