Dow futures live price stood at 38,560 with markets reacting to rising crude oil prices, boosting energy stocks. Hedge funds are adding long positions, but liquidity screens show increased order cancellations, implying potential choppiness in the next sessions. Most sectors on the S&P 500 closed on a positive note, with information technology, health care, and industrials stocks recording the biggest gains on Tuesday. However, energy and consumer discretionary stocks bucked the overall market trend, closing the session lower. U.S. stocks still settled higher as the Dow Jones surged to a new closing high. The Producer Price Index (PPI), a measure that tracks the selling prices of US producers of goods and services, declined 0.1% on a monthly basis in August. Analysts surveyed by Bloomberg were expecting a 0.3% rise. Dow futures live price edged higher to 38,555, buoyed by a rebound in semiconductor stocks. The cyclical uptick is fueling sector rotation trades, with futures positioning aligning closely to bullish sentiment indexes.
