U.S. Stock Futures Are Higher As Markets Look To Recover From Yesterday's Sharp Losses

United Asset Strategies |

U.S. stock futures are higher. Markets are looking to recover from yesterday’s sharp losses after the August CPI report came in hotter-than-expected. Treasury Yields are mostly higher and the Dollar is lower after yesterday’s surge

The August PPI showed that wholesale price pressures eased overall declining 0.1% month over month which was in line with estimates. While the core rate increased 0.4% month over month which was slightly higher than expectations of a 0.3% increase. The MBA Mortgage Application index showed a decline for the fifth-straight week. Retail sales and weekly jobless claims will be released tomorrow before the bell.