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Data Sources: Bloomberg & Author Calculations Despite the average price change on PPI falling below the average ... with an average trading day, based on historical figures. CPI, on the other ...
Overall, final demand PPI increased 3.3% in 2024. Stock futures rose after the PPI data was released. Dow futures were up around 0.5%, S&P 500 futures were up 0.7% and Nasdaq 100 futures grew 0.8%.
Stock futures gave back earlier gains after wholesale price inflation ticked higher in October. The producer price index rose 0.2% in October, which matched the consensus estimate among economists.
The major U.S. stock indexes opened higher on Tuesday, bouncing back slightly after a few days of declines. Inflation, and how that'll impact future rate cuts, has been at the forefront of some ...
The producer price index showed that core prices were flat last month, lifting S&P 500 futures ahead of tomorrow's CPI, ...
"December’s PPI data look good superficially, but they have a nasty sting in their tail. Prices for domestic scheduled passenger air transportation leapt by 6.8%, the biggest December rise since ...
Kobeissi acknowledged the snap upturn for stocks due to the numbers but noted that PPI was only one of a series of macro data releases this week, another being the Consumer Price Index (CPI).