Why it matters
- The producer price index for final demand rose 1.3% in September and 6.3% from a year earlier, as energy prices jumped 10.8%, the Bureau of Labor Statistics said Thursday.
- Retail sales rose 0.8% to $745.0 billion in September, and August's gain was revised up to 1.3%, the Census Bureau said. Initial jobless claims rose 1,000 to 199,000, the Labor Department said.
- Nasdaq 100 futures fell 1.16% and S&P 500 futures 0.27% around 8:45 a.m. ET, while Dow futures rose 0.40% and the 10-year Treasury yield fell to about 5.06%, Yahoo Finance data showed.
The day ahead: scheduled events and what forecasters expect.
Updated Oct. 15: The Dow closed up 1.08% at 52,177.69 and the S&P 500 up 0.33% at 7,744.06 as investors rotated from AI stocks into health care, Reuters reported. Read our U.S. stocks today recap.
U.S. stock futures were mixed before the open on Thursday, Oct. 15, after producer prices jumped 1.3% in September and retail sales rose 0.8%. Nasdaq 100 futures were down 1.16% and S&P 500 futures 0.27% around 8:45 a.m. ET, while Dow futures rose 0.40%, according to Yahoo Finance data. The 10-year Treasury yield fell to about 5.06%.
What did the September PPI report show?
The producer price index for final demand rose 1.3% in September after a 0.5% gain in August, and 6.3% over 12 months, the Bureau of Labor Statistics said at 8:30 a.m. ET. Final demand energy prices jumped 10.8%, and more than 80% of the rise came from energy, the agency said. Goods prices rose 2.6% and services 0.8%, the biggest services gain since April.
Prices excluding food, energy and trade services rose 0.5% in September and 5.0% from a year earlier, the BLS said. The report follows Wednesday's consumer price data, which showed annual inflation of 3.7%.
How did retail sales and jobless claims do?
| Report (released 8:30 a.m. ET) | Latest | Prior |
|---|---|---|
| PPI final demand, monthly (September) | +1.3% | +0.5% |
| PPI final demand, 12 months | +6.3% | — |
| Retail sales, monthly (September) | +0.8% | +1.3% (revised) |
| Retail sales, 12 months | +6.3% | — |
| Initial jobless claims (week to Oct. 10) | 199,000 | 198,000 (revised) |
| Continuing claims (week to Oct. 3) | 1,710,000 | 1,714,000 (revised) |
Sources: Bureau of Labor Statistics; Census Bureau; Labor Department.
Retail and food services sales were $745.0 billion in September, up 0.8% from August and 6.3% from a year earlier, the Census Bureau said. August's increase was revised to 1.3% from 1.1%. Retail sales figures are not adjusted for price changes.
Initial claims for unemployment benefits rose 1,000 to 199,000 in the week ended Oct. 10, and the four-week average rose 250 to 198,500, the Labor Department said.
Where are futures before the open?
| Market, about 8:45 a.m. ET | Level | Change vs. Wednesday |
|---|---|---|
| S&P 500 futures | 7,749.00 | −0.27% |
| Nasdaq 100 futures | 29,831.25 | −1.16% |
| Dow futures | 52,068 | +0.40% |
| 10-year Treasury yield | about 5.06% | down from 5.19% |
| Brent crude ($/barrel) | 104.52 | −1.45% |
| Gold futures ($/ounce) | 4,167.30 | +1.45% |
| U.S. dollar index | 102.10 | −0.44% |
Source: Yahoo Finance chart data. Changes are from Wednesday's settlement or close.
Chip stocks remained under pressure. Trading Economics said Micron, Intel, AMD and Marvell fell more than 4% premarket. Overseas, South Korea's Kospi plunged 7.57%; see our Asia Thursday recap. Europe's tech stocks also slid; see our Europe Thursday recap.
Which companies report earnings today?
TSMC reported third-quarter earnings of $4.60 per ADR unit, above the $4.45 consensus on Nasdaq's earnings calendar, and forecast fourth-quarter revenue of $52.3 billion to $54.3 billion, its release said. Its U.S.-listed shares were down about 3.4% premarket around 8:55 a.m. ET, Yahoo Finance data showed.
Charles Schwab, Prologis, BNY, U.S. Bancorp, PNC Financial and Marsh are scheduled to report before the open, and Interactive Brokers, J.B. Hunt and Alcoa after the close, according to Nasdaq's calendar.
What else is on the calendar today?
Freddie Mac publishes its weekly mortgage rate survey at noon ET; last week the 30-year fixed rate averaged 7.40%. The Federal Reserve's calendar shows Chairman Kevin Warsh in a conversation with IMF Managing Director Kristalina Georgieva in Bangkok at 11:30 p.m. ET. The BLS releases import and export prices on Friday, and the Fed's next policy decision is due Oct. 28.
Upcoming releases are on our market calendar, and live levels are on the markets page.
Follow the rest of the trading day on our global market today page, with the latest Asia, Europe and Americas session recaps.
Sources
- Reuters via Yahoo Finance, S&P 500 ends higher as traders shift from AI to healthcare
- Bureau of Labor Statistics, Producer Price Indexes, September 2026 and October 2026 release schedule
- U.S. Census Bureau, Advance Monthly Sales for Retail and Food Services, September 2026
- U.S. Department of Labor, Unemployment Insurance Weekly Claims
- Freddie Mac, Primary Mortgage Market Survey
- Federal Reserve, Calendar: October 2026
- TSMC, third-quarter 2026 earnings release (SEC filing)
- Nasdaq, Earnings calendar for Oct. 15, 2026
- Trading Economics, U.S. stock market
- Bureau of Labor Statistics, Consumer Price Index, September 2026
- Yahoo Finance, chart data for S&P 500 futures, Nasdaq 100 futures, Dow futures, 10-year Treasury yield, Brent crude, gold futures, the U.S. dollar index and TSMC ADRs