S&P Futures are displaying a solid move higher this morning. The move higher is based on comments from Russia's Defense Ministry who said some troops on the Ukrainian border were returning to their bases after completing training. The news pushed the U.S. & European indices higher and oil prices lower as expected. Before the bell, watch for the release of the Producer Price Index, which covers prices that suppliers charge businesses, it could offer some insights into inflation. Last month's figures showed price rises cooling, a sign that supply-chain bottlenecks may be easing. In deal news, Intel is buying Tower Semiconductor for $53.00 per share.
Create your
podcast in
minutes
It is Free