The S&P 500 futures currently trade 11 points above fair value.
Just released, total CPI increased 0.9% month-over-month in March (Briefing.com consensus 0.7%) from a prior increase of 0.3%.
Core CPI, which excludes food and energy, increased 0.2% month-over-month (Briefing.com consensus 0.3%) following a prior increase of 0.2%.