US STOCKS-Futures little changed as commodity prices stabilize

miércoles 9 de diciembre de 2015 08:24 GYT

* Futures: Dow up 35 pts, S&P up 2 pts, Nasdaq down 3 pts

By Aastha Agnihotri and Tanya Agrawal

Dec 9 (Reuters) - U.S. stock index futures were little changed on Wednesday after China's consumer inflation rose slightly but remained under the government's 3 percent target for the year and commodity prices stabilized.

* Data showed China's November consumer price index surprised on the upside, rising 1.5 percent on-year from 1.3 percent in October.

* Calmer commodity prices helped steady sentiment too. Oil prices climbed back up as U.S. crude inventories dipped, while copper prices also held their ground.

* Investors remain cautious as concerns regarding China's slowing economy and its impact on global demand persist. Those concerns have also negatively affected commodity stocks this year as China is the world's biggest consumer of metals.

* The weak China data comes ahead of the U.S. Federal Reserve's meeting on Dec. 15-16, when the central bank is expected to raise interest rates for the first time since June 2006.

* U.S. stocks closed lower on Tuesday, as a steep drop in oil prices pressured energy stocks for the fifth day.

* Data expected on Wednesday include wholesale figures for October at 10 a.m. ET (1400 GMT). The wholesale inventories are forecast to have gained 0.1 percent after adding 0.5 percent in September.   Continuación...