"That would suggest that core prices will come down, albeit at a much slower rate than originally thought."
ET, Dow e-minis were up 31 points, or 0.09%, S&P 500 e-minis were up 2.75 points, or 0.06%, and Nasdaq 100 e-minis were down 17 points, or 0.12%.
Palo Alto Networks Inc (PANW.O) climbed 4.6% as the cybersecurity firm looks set to replace Dish Network (DISH.O) in the S&P 500 index.
Apple Inc (AAPL.O) rose 1.0% ahead of its annual software developer conference, where it is widely expected to announce a new mixed-reality headset.
Reporting by Sruthi Shankar and Shristi Achar A in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.
Persons:
Michael Hewson, Loretta Mester, Sruthi Shankar, Shristi, Vinay Dwivedi
Organizations:
Dow, Nasdaq, Wall, Traders, CMC Markets, P Global, Institute for Supply Management, Fed Cleveland, Dow e, . Energy, Exxon Mobil Corp, Chevron Corp, Schlumberger Ltd, Saudi, Palo Alto Networks, Dish Network, Big, Wall Street Journal, Bank of America Corp, Citigroup Inc, Apple Inc, Thomson
Locations:
Saudi Arabia, U.S, Washington, Big U.S, Bengaluru