U.S. stock futures swung between gains and losses on Wednesday after ending on a mixed note on Tuesday. Futures of major benchmark indices were mixed.

Futures on the Dow Jones Industrial Average climbed while other major indexes dipped Wednesday, as Wall Street awaited more key inflation data. Meanwhile, chip stock ASMLASML plunged on the stock market today after the company warned it couldn't guarantee growth in 2026 due to tariff uncertainty.

U.S. stock indexes were looking to open higher after a June reading of the producer-price index came in softer than expected. Dow futures were up about 165 points, or 0.4%, after the PPI release, which showed an unchanged reading,

With U.S. stock markets set to open in two hours, Icahn Enterprises L.P. (IEP) was up 7.0% in pre-market trading, and Unity Software Inc. (U) was up 6.3%.

The debut comes on the heels of acquiring CFTC-regulated futures trading platform NinjaTrader for $1.5 billion.

U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from Mexico and the European Union.

U.S. stock futures are lower after President Donald Trump further escalated trade tensions. Over the weekend, Trump announced a 30% tariff on goods from the European Union and Mexico, starting Aug. 1. Mexico and EU leaders said they would continue to negotiate this month before that date.