US stock futures were mixed on Friday as Wall Street tempered its rate-cut hopes and awaited July's retail sales report. Traders were also awaiting Friday's meeting between President Trump and Vladimir Putin,

U.S. stock futures are trading mixed early Thursday as traders await another key inflation figure, the Producer Price Index, today. Global markets

By Johann M Cherian and Sanchayaita Roy (Reuters) -Futures tracking the S&P 500 and the Nasdaq indexes were pinned at record highs on Wednesday, buoyed by increasing confidence that the Federal Reserve could restart its monetary policy easing cycle next month.

All three major stock indexes finished higher on Wednesday, with the S&P 500 and Nasdaq Composite climbing to fresh records despite bouts of weakness, as traders boosted the chances of 2025 interest-rate cuts.

Signs that U.S. tariffs on imports have not fully filtered into headline consumer prices came as a relief for investors this week as they seek insight on the impact of trade uncertainty on the economy.