US PREMARKET ACTIONS: September 11, 2025
**Futures Indices**
Dow Futures: +0.16%
S&P 500 Futures: +0.16%
Nasdaq 100 Futures: +0.23%
US 10-Year Yield: 4.02% (-3 bps)
Market Environment
US inflation rose more than expected in August with a CPI at +0.4% M/M (vs. +0.3% expected), versus +0.2% in July. Year-on-year, inflation climbs to +2.9%, in line with expectations. The Core CPI, excluding food and energy, remains steady at +0.3% M/M and +3.1% Y/Y.
According to Ernie Tedeschi (The Budget Lab, Yale):
"Core consumer goods posted their biggest monthly gain this year, notably clothing (+0.5%) and used cars (+1.0%), proof that tariffs are weighing on prices."
Despite this acceleration in monthly inflation, markets are taking the news positively, buoyed by an unexpected drop in PPI (producer inflation) and growing hopes for rate cuts before year-end.
Jim Reid (Deutsche Bank) notes:
"The weak PPI pushed rate cut expectations to 68 basis points by December."
Finally, weekly jobless claims unexpectedly increased, signaling a slight slowdown in the labor market.
Stocks to Watch
MOGU +199.20%
→ The group is allocating up to $20M to digital assets, sparking massive speculative interest.
MAZE +55.37%
→ Surge after a $150M equity offering, signaling strong investor interest.
AMST +72.01%
→ Strong enthusiasm following NurseMagic’s growth and the launch of an AI automation tool for the public sector.
OXM +17.57%
→ Results beat expectations, with a focus on Lilly Pulitzer’s growth and resilience to tariffs.
CNC +12.18%
→ Stock climbs after the confirmation of 2025 EPS outlook, just before a healthcare sector summit.
WLDS +26.25%
→ Sharp rise after the announcement of a private placement and a $4M direct offering.
LOVE -15.66%
→ Drop after cautious earnings guidance, impacted by the uncertain tariff environment.
ENVX -14.32%
→ Declines after the announcement of a $300M senior notes issuance maturing in 2030.
VERI -21.15%
→ Market penalized the announcement of a $25M fundraising at a deeply discounted price ($2.63 per share).
BDSX -25.90%
→ Sharp decline after a 1-for-20 reverse stock split, often perceived negatively by investors.
Have a great session everyone
Sylvain Mouilhaud: Stock Coach