U.S. stock futures were higher early Tuesday as investors parse this week’s first batch of key inflation data and weighed fresh earnings. S&P 500 futures and Nasdaq-100 futures climbed 0.6% and 0.9%. Dow Jones Industrial Average futures added 129 points, or 0.3%. The producer price index — a measure of wholesale prices — increased 0.1% last month. Economists expected the reading to show a monthly gain of 0.2% in July, in line with the previous month’s reading, according to Dow Jones consensus estimates. The PPI encouraged investors ahead of the more widely followed consumer price index out Wednesday morning, which is expected to show an increase of 0.2% last month, up from a 0.1% decline in the prior month. The data could give an uncertain market some direction after last week’s wild moves. “I think markets are moving on from U.S. price data to an extent, given the heightened emphasis on jobs data at the Fed now,” said Shaun Osborne, chief FX strategist at Scotiabank. “Data misses (upside or downside) can drive a stronger than usual market reactions in periods of higher volatility, like now.” Shares of Home Depot dropped 2% after the home improvement retailer cut its full-year sales outlook. Starbucks stock surged more than 10% after the coffee chain tapped current Chipotle chief executive Brian Niccol as its next CEO. Shares of Chipotle sank more than 9%. Wall Street is coming off a choppy session, which struggled to build on the comeback rally at the end of last week. The S&P 500 ended flat, eking out a gain of just 0.23 points. The Nasdaq Composite rose 0.21%. Meanwhile, the Dow Jones Industrial Average fell 0.36%. Treasury yields fell on Tuesday as wholesale inflation measure came in softer than expected. The yield on the 10-year Treasury was lower by about 2 basis points at 3.89%. The 2-year Treasury yield was last down by 2 basis points at 3.99%. Japan’s major indexes rose sharply on Tuesday, as trading in the country’s stocks resumed after a holiday, amid a broader rise in Asia-Pacific markets. Japan’s benchmark Nikkei 225 jumped 3.45% to end the session at 36,232.51, breaching the 36,000 level for the first time since Aug. 2. The broader Topix gained 2.83% to close at 2,553.55. South Korea’s Kospi climbed 0.12% to wrap the session at 2,621.50, while the small-cap Kosdaq lost 1.02% to end at 764.86. Australia’s S&P/ASX 200 climbed 0.16% to finish at 7,826.8. Wages in Australia rose 0.8% in the quarter ended June, the slowest pace since the same quarter a year earlier, compared with estimates of a 0.9% rise. Wages rose 4.1% on an annual basis. Mainland China’s CSI 300 ticked higher by 0.26%, to conclude the day at 3,334.39, while Hong Kong’s Hang Seng index gained 0.32% during its last hour of trade. U.S. crude oil prices traded close to a three-week high Tuesday, after rallying on Monday in anticipation of an attack by Iran against Israel that could play havoc with Mideast production and transportation. “The oil market’s concern is that a broader conflict between Israel and Iran could cause oil supply disruptions in and around the Strait of Hormuz, through which about 20% of the world’s seaborne crude supply is shipped,” Henning Gloystein, head of energy at the Eurasia Group, wrote to clients in a research note. West Texas Intermediate September contract: $79.68 per barrel, down 38 cents, or 0.47%. Year to date, U.S. crude oil has gained 11.2%. Brent October contract: $81.85 per barrel, down 45 cents, or 0.55%. Year to date, the global benchmark is ahead 6.3%. Gold prices eased on Tuesday as traders locked in profits after a recent rally, while market players awaited key U.S. inflation data that could provide further insight into the Federal Reserve’s next policy decision. Spot gold was down 0.4% at $2,462.81 per ounce after hitting its highest level since Aug. 2 earlier in the session. Prices rose more than 1% in the previous session. U.S. gold futures were subdued at $2,502.30. “Gold had a solid start to the week though it eased moderately on some gentle profit-taking,” said Tim Waterer, chief market analyst, KCM Trade. “Prices will benefit if the U.S. inflation data comes in on the softer side of the ledger, which would reignite hopes of an aggressive rate cut from the Fed in September.”