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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%.
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 ...
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.
Investor's Business Daily on MSN15d
PPI Inflation Is Tame, But Airfares Ground S&P 500 Rally Ahead Of CPIThe producer price index showed that core prices were flat last month, lifting S&P 500 futures ahead of tomorrow's CPI, despite news on Trump tariffs.
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