is due later Thursday. The British chip designer has set a price of $51 a share.
U.S. data due includes the Producer Price Index—an inflation gauge that generally reflects supply conditions—along with weekly jobless claims and retail sales.Futures for the S&P 500, Dow industrials and the Nasdaq-100 nudged higher. The broad-market index and the tech-heavy Nasdaq eked outArm is set to start trading on the Nasdaq today, a key test for both the IPO market and the hype surrounding AI.U.S. government bond yields edged higher.
Brent crude oil futures hovered at a 10-month high. Both the International Energy Agency and OPEC published reports this week that pointed to a growing supply-demand gap.
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