U.S. stock indices are expected to open with declines today, including the Dow, S&P 500, and Nasdaq. Tesla, Adobe, and Broadcom are among the key movers in the market as investors react to economic data and corporate earnings reports.

Oil prices have slightly increased, with Brent crude at $73.91 a barrel and WTI at $70.62 a barrel, both up 0.5%. Analysts at ING suggest that this increase is due to speculation about potential new sanctions from the Biden administration targeting Russia, which could impact oil exports and its shadow tanker fleet.

The upcoming PPI inflation report is being closely monitored by market participants as it may further influence trading sentiment in light of ongoing economic indicators.