June S&P 500 E-Mini futures (ESM24) are up 0.02%, and June Nasdaq 100 E-Mini futures (NQM24) are up 0.17% this morning, after the release of this morning's inflation data.
The Producer Price Index (PPI), which measures wholesale prices, rose 0.2% in March, which was less than the expected 0.3%. However, on a 12-month basis, this increase in wholesale prices was 2.1% higher, which is highest level in the past 11 months.
