Markets Today: Stocks Recover Most of Overnight Losses on a Friendly U.S. Dec PPI Report

From Barchart:

Stock index futures are down, with E-Mini S&P 500 futures down by 0.07% and Nasdaq 100 E-Mini futures down by 0.09%. The losses from the overnight session were mostly erased, as bond yields fell due to a positive U.S. Dec PPI report. This is boosting expectations for a Fed rate hike.



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