Traders work at the New York Stock Exchange on Sept. 2, 2026. NYSEStock futures were little changed Thursday night as traders looked ahead to August's consumer price index report.S&P 500 futures were marginally higher while the futures linked to the Dow Jones Industrial Average were down just 11 points. The Nasdaq 100 futures were up less than 0.1%. In the regular trading day, the Dow fell more than 300 points, or 0.6%, while the S&P 500 lost 0.6%. The Nasdaq Composite slipped 0.7%. Thursday marked the fourth straight losing day for the three major averages.Week to date, the Dow is on pace for a 2.5% decline, while the S&P 500 is heading for a 1.6% loss. The Nasdaq is also on track for a 1.6% slide. On Thursday, stocks were weighed down by surging oil prices, as West Texas Intermediate crude futures jumped over $100 per barrel. Both U.S. oil and international Brent crude futures both posted their highest settlement prices since May 19 as the conflict between the U.S. and Iran continued into a seventh month.Rates surged alongside oil prices, with the 10-year note yield topping 4.95% and hitting the highest level since October 2023.Traders also weighed August's producer price index, a gauge of wholesale inflation, on Thursday. The metric rose 0.4% on the month and advanced 5.4% on an annual basis.All eyes are on the upcoming consumer price index reading for August, due Friday. Economists polled by Dow Jones anticipate a 0.4% increase on a monthly basis and an annual rate of 3.4%. This pivotal report that will factor into the Federal Reserve's Sept. 16 decision on interest rates. Fed funds futures trading suggests a roughly 71% likelihood of a rate hike, according to the CME Group's FedWatch tool. The outcome of the CPI report will be key as to whether the Fed holds steady or raises rates next week, said Christopher Hodge, chief economist of the U.S. at Natixis CIB Americas."A reading in line with consensus would represent the fourth consecutive month of encouraging inflation readings and ease pressure for a hike by the Fed in September," he said. "If inflation comes in hotter than consensus, we expect a hike at next week's meeting."21 Min AgoStocks making the biggest moves after hoursSeveral stocks made dramatic moves in extended trading as a slate of companies posted their latest earnings reports:Oracle — The software giant leapt 6% after surpassing the Street's expectations in its fiscal first quarter. Oracle earned $1.92 per share on an adjusted basis and posted revenue of $19.35 billion, while analysts polled by LSEG sought $1.74 per share and $19.14 billion.Adobe — The maker of Adobe Creative Cloud slid 2% after reporting current-quarter guidance that was roughly in line with estimates. Adobe sees adjusted earnings of $6.30 to $6.35 per share, versus the LSEG consensus call for $6.32 per share. Revenue for the period is expected to range from $6.80 billion to $6.85 billion, compared to the $6.85 billion consensus.Read more about movers in extended trading here.— Ananya Chetia22 Min AgoStock futures are little changed ahead of consumer inflation report