Stock Futures Mixed, Treasurys Strengthen Ahead of Inflation Data
A facts-only brief, written by a local AI model from this article in The Wall Street Journal, October 14, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.
Nasdaq futures declined as semiconductor stocks faced a potential seventh consecutive day of losses, while Treasury yields dropped ahead of the release of September consumer price data. According to LSEG, markets currently assign a 78% probability that the Federal Reserve will maintain interest rates in October and an 88% chance of a rate increase in December. Economists polled by a financial news outlet anticipate annual inflation will rise to 3.6% in September, up from 3.4% in August. Tickmill Group strategist Patrick Munnelly noted that the upcoming report will determine if recent shifts in market rate expectations remain stable.
Background
- Fed Vice Chair Michelle Bowman stated in Bangkok that there is time to evaluate economic conditions before taking further monetary action, following remarks by New York Fed President John Williams that there was no urgency for additional hikes.
- The iShares Semiconductor ETF fell 0.65% in premarket trading, with shares of Micron and Intel both dropping more than 1%.
- ASML raised its guidance due to strong demand, supporting AI-related equities in Europe, while Asian tech indices ended lower.
- Brent crude oil prices remained steady near $106.30 per barrel despite Houthi attacks on a Saudi Aramco facility and an International Energy Agency forecast predicting a significant drop in demand.
Read the full article at wsj.com
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