Stock Market Update
13-Mar-25 08:33 ET
Econ data update
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -15.00. Nasdaq futures vs fair value: -83.00.
The Producer Price Index was unchanged in February (Briefing.com consensus 0.3%) and core-PPI, which excludes food and energy, decreased 0.1% in February (Briefing.com consensus 0.3%).
Weekly initial jobless claims totaled 220,000 (Briefing.com consensus 228,000) and continuing claims totaled 1.87 million.
The initial response in equities is muted. The S&P 500 futures are down 15 points and are trading 0.3% below fair value, the Nasdaq 100 futures are down 83 points and are trading 0.5% below fair value, and the Dow Jones Industrial Average futures are down 105points and are trading 0.2% below fair value.
