Catalyst Dearth Caps Wall Street Pre-Bell; Asia, Europe Up

BY MT Newswires | ECONOMIC | 11/13/25 06:18 AM EST

06:18 AM EST, 11/13/2025 (MT Newswires) -- Wall Street futures pointed sideways pre-bell Thursday, as the US government shutdown drama moved offstage, and the earnings season ebbed.

Traders await the October consumer price index (CPI) bulletin from Washington at 8:30 am ET, with expectations running towards a 3.1% rise on-year by the metric, and a 3% lift on the CPI-core, that strips out food and energy bills.

In the futures, the S&P 500, the Nasdaq and the Dow Jones indices all hewed close to Wednesday closes.

Asian exchanges traded unevenly higher overnight, while European bourses edged north midday on the continent.

Cisco Systems (CSCO) traded up 6.3% pre-bell after the IT-giant reported fiscal Q1 earnings and revenue above Street views, and issued strong guidance, late Thursday.

Disney (DIS) and Brookfield (BN) plan to report earnings pre-bell, among others.

On the economic calendar, in addition to the CPI release, is the EIA petroleum status report at 12 pm ET.

Federal Reserve St. Louis President Alberto Musalem and Cleveland President Beth Hammack are slated to speak on Thursday.

In premarket action, Bitcoin traded at $103,043, West Texas Intermediate crude oil traded higher at $58.73, and 10-year US Treasuries offered 4.06%. Spot gold traded for $4,232 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.

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