The S&P 500 futures currently trade 61 points below fair value.
Just released, the Producer Price Index for final demand increased 0.5% month-over-month (Briefing.com consensus: 0.3%) from a downwardly revised prior level of 0.4% (from 0.5%).
The index for final demand, excluding food and energy, jumped 0.8% month-over-month (Briefing.com consensus: 0.3%) from a prior level of 0.6%.