Wholesale inflation heated up in May, but was still cooler than anticipated. The producer price index for final demand was up 0.1% month-over-month after falling 0.2% in April. This was lower than the ...

The PPI for final demand increased by only 0.1% month-over-month, below economists’ expectations of a 0.2% increase. On an annual basis, the PPI rose by 2.2%, also below the anticipated 2.3%.

U.S. Nov PPI final demand rose +7.4% y/y ... Stock indexes initially moved higher in overnight trading on strength in technology stocks, as Broadcom closed more than +2% Friday after reporting ...