Stock Market Today: Dow, S&P 500 Set to Open Up; Nvidia, Tesla, QuantumScape, More Movers; PPI Inflation Report; Treasury Yields

Stock futures are mixed early Friday after big-name technology stocks led declines in the previous trading session.

A lower-than-expected inflation reading yesterday boosted most stocks on optimism that the Federal Reserve will lower interest rates as soon as September. But tech stocks including Nvidia and Tesla had a bad day, which was enough to bring the overall index down.

Producer price data today will add to the inflation picture for Fed policy makers, who make their next rate decision at the end of the month.

Friday is shaping up to be a big day for some of the largest U.S. banks, with JPMorgan Chase, Wells Fargo, and Citigroup due to release second-quarter results before the market opens.