US stock futures held steady Friday after a muted Wall Street session, as hotter-than-expected wholesale inflation tempered hopes for a large Federal Reserve rate cut in September. On Thursday, the S&P 500 edged up 0.03%, while the Dow slipped 0.02% and the Nasdaq Composite eased 0.01%. July’s Producer Price Index surged 0.9% month-over-month, the sharpest gain in three years, and climbed 3.3% year-over-year — far above the 0.2% forecast. While markets still priced in an 85–91% chance of a September cut, bets on a 50-basis-point move evaporated. In corporate news, UnitedHealth jumped 10% in extended trading after Warren Buffett’s Berkshire Hathaway and Michael Burry’s Scion Asset Management disclosed stakes in the insurer. Intel rose 4% on reports the Trump administration is exploring a potential US government stake in the company.