The S&P 500 futures currently trade one point below fair value.
Total CPI was up 0.2% month-over-month in July (Briefing.com consensus: 0.2%) following a 0.3% increase in June. That left total CPI up 2.7% year-over-year, unchanged from June level.
Core CPI, which excludes food and energy, was up 0.3% month-over-month (Briefing.com consensus: 0.3%) following a 0.2% increase in June. That left core CPI up 3.1% year-over-year, versus 2.9% in June.