Stock Market Update
13-Aug-26 08:35 ET
July PPI and weekly jobless claims
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +5.00. Nasdaq futures vs fair value: +10.00.
The S&P 500 futures currently trade points above fair value.
Just released, Total PPI was flat month-over-month in July (Briefing.com consensus: 0.1%) following an upwardly revised 0.1% decrease (from -0.3%) in June.
Core PPI, which excludes food and energy, was up 0.2% month-over-month (Briefing.com consensus: 0.3%) following an upwardly revised 0.4% increase (from 0.2%) in June.
Initial jobless claims for the week ending August 8 increased by ,9000 to 209,000 (Briefing.com consensus: 205,000) from an upwardly revised prior level of 200,000 (from 199,000).
Continuing jobless claims for the week ending August 1 decreased by 22,000 to 1.777 million from a downwardly revised previous level of 1.799 million (from 1.801 million).
