S&P futures vs fair value: +1.20. Nasdaq futures vs fair value: -1.50.
U.S. equity futures are near the middle of their pre-market range as they continue pointing lower by 0.2%.
Overall producer prices rose during August by 1.7%, which is hotter than the 1.2% increase that had been widely forecasted. Core producer prices were up 0.2% in August which is in-line with the 0.2% Briefing.com consensus.
Separately, the latest weekly initial jobless claims count totaled 382,000, which is higher than the 369,000 that had been expected. The tally is above the revised prior week count of 367,000. As for continuing claims, they fell to about 3.283 million from 3.322 million.