NewsWare’s Trade Talk: Thursday, May 12

S&P Futures are indicating a lower opening this morning. Stronger-than-expected inflation data from yesterday's CPI report continue to be a key factor this morning. One hour before the market opens today, we have the PPI final demand report for Aril and the Jobless claims for last week. The results of the PPI report may create some volatility. Oil prices age giving back half of yesterday's gains as traders see a slowdown in economic activity in China.