The S&P 500 futures are up 40 points and are trading 0.6% above fair value, the Nasdaq 100 futures are up 165 points and are trading 0.8% above fair value, and the Dow Jones Industrial Average futures are up 60 points and are trading 0.3% above fair value.
Total PPI increased 0.1% in July (Briefing.com consensus 0.1%) following a 0.2% increase in June. Core-PPI, which excludes food and energy, was flat in July (Briefing.com consensus 0.2%) following a revised 0.3% increase in June (from 0.4%).