Wall Street opens mostly higher as October producer prices come in soft

Wall Street's main indexes opened mostly in the green on Friday, giving investors a breather after a bruising week. The Dow Jones Industrial Average added 0.37% at the opening bell and the S&P 500 rose 0.34%, while the Nasdaq 100 held flat at 9:30 am ET. The euro barely budged against the dollar, sitting at 1.10478 at 9:29 am ET.

The trigger was October's producer price report, which came in below what analysts had penciled in. Producer prices climbed 0.3% on a monthly basis, a print that eased nerves after a run of jitters. Premarket trading flipped from red to green once the number landed, with the Dow up 0.61%, or 317 points, at 8:35 am ET and the Nasdaq 100 up 0.57% minutes earlier.

Nvidia was the other story traders watched. The stock is trading slightly higher after recovering from Thursday's drop, climbing 2.14% in premarket and changing hands at $169.74 per share at 8:42 am ET. The chipmaker is still working through the fallout from CEO Jensen Huang's resignation, which followed reports of an extramarital affair with an alleged Chinese spy; a subsequent media report alleged an affair with a third woman. Reports also claimed companies tied to the alleged spy were looking to supply banned Blackwell chips to DeepSeek.

Thursday's session showed the damage: the Dow lost 0.36%, the Nasdaq 100 shed 0.30%, Nvidia tumbled 4.34% and Nebius tanked 16.84%. Cleveland Fed President Beth Hammack added pressure by arguing a tighter monetary policy path will be needed to tackle inflation. Also on deck Friday: SpaceX's Starship Flight 15, scheduled to launch after the closing bell.