- Morning Watchlist
- Posts
- Futures Slightly Lower After Thursday Records
Futures Slightly Lower After Thursday Records
Tom White
September 12, 2025
U.S. stock futures are slightly lower in premarket trading after the three major indices closed at record highs on Thursday.
The moves come after the consumer price index showed a month-to-month increase of 0.4% for August, hotter than the 0.3% that markets were expecting.
However, the index’s 2.9% rise on a 12-month basis was in line with expectations. Jobless claims increased 27K to 263K yesterday, its highest level since October of 2021.
With little data due this morning, investor focus turns to the FOMC meeting next week with the markets pricing in a 25 basis point cut.
Morning Movers
Snapshot (as of 7 AM ET)
Oil (/CL) – Oil prices are up over 1.5% near $63.30 a barrel after a slide in the last session over concerns about possible softening of U.S. demand and broad oversupply that offset worry about supply disruption from conflict in the Middle East and war in Ukraine.
Gold (/GC) – Gold prices are up 0.3% near $3690 and were headed for a fourth consecutive weekly gain, as fears of a weakening U.S. labor market eclipsed inflation concerns ahead of an expected Federal Reserve rate cut next week.
Bitcoin (/BTC) – The Crypto Future is up 0.4% near 115,300 in premarket trading.
VIX – The CBOE Volatility Index was down 4% on Thursday and settled at 14.71 as stocks rallied to all time highs.
U.S. Dollar (/DX) – The dollar is slightly higher and hanging around the 97.3 level.
Biggest Premarket Movers
Symbol | Product | Mark % Change (as of 7 AM ET) |
|---|---|---|
SMCI | Super Micro Computer | +5.48% |
WBD | Warner Bros. Discovery | +5.13% |
MU | Micron | +3.44% |
ORCL | Oracle | -1.11% |
TAP | Molson Coors | -1.10% |
CSCO | Cisco Systems | -1.02% |
Economic Data
Time | Event |
|---|---|
10:00AM ET | Consumer Sentiment |
1:00PM ET | Baker-Hughes Rig Count |
Notable Earnings
Premarket | Postmarket | Premarket Monday | Postmarket Monday |
|---|---|---|---|
None | None | HAIN | PLAY |
Upgrades/Downgrades
Barclays upgrades General Motors (GM) to Overweight from Equal Weight
Arete upgrades ASML (ASML) to Buy from Neutral
Barclays upgrades Aptiv (APTV) to Overweight from Equal Weight
Mizuho downgrades Applied Materials (AMAT) to Neutral from Outperform
Telsey Advisory downgrades RH (RH) to Market Perform from Outperform
Barclays downgrades Constellation Brands (STZ) to Equal Weight from Overweight
Tune in live from 8 a.m. to 5 p.m. ET, or anytime, anywhere, on‑demand.
Or stream it via thinkorswim® and thinkorswim Mobile, available through our broker-dealer affiliate, Charles Schwab & Co., Inc
Please do not reply to this email. Replies are not delivered to Schwab Network. For inquiries or comments, please email [email protected].
See how your information is protected with our privacy statement.
This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any decisions.
Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant.
Charles Schwab Media Productions Company and all third parties mentioned are separate and unaffiliated, and are not responsible for one another's policies, services or opinions.
Data contained herein is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. All events and times listed are subject to change without notice.