traders on the floor of the nyse aug 11 2022 stock futures inched higher in overnight trading after the dow industrial average and sp 500 closed near flat following a shortlived rally on the back of another positive inflation report futures tied to the dow jones added 41 points or 012 while sp 500 and nasdaq 100 futures each rose 014 shares of rivian seesawed in overnight trading after the electric vehicle maker beat top and bottomline estimates but trimmed its fullyear guidance poshmark olo and illumina shares traded lower after posting earnings results thursdays postmarket moves followed a bewildering regular trading session that saw the major averages close flat or slightly lower after rallying earlier in the day following a betterthanexpected producer price index report for july the nasdaq composite dipped 058 to close at 1277991 while the dow added 2716 points or 008 to finish at 3333667 and the sp closed 007 lower at 420727 six of the 11 sp 500 sectors finished the session lower led by healthcare which tumbled 071 energy closed up more than 3 on the back of higher crude and natgas prices helping to unravel the peak inflation narrative shares of disney also rallied nearly 5 after reporting strong subscriber numbers and topping estimates in the latest quarter i think theres profit taking today said sanctuary wealth chief investment officer jeff kilburg we didnt really have a pullback or didnt erase any of the gains off of cpi wednesday but we just kind of had a bit of a volume discovery and a price discovery after this surprising onetwo punch of betterthanexpected cpi and ppi data on the economic front import prices and consumer sentiment data are due out friday