U.S. Stock Market
Dec S&P 500 E-mini stock futures this morning are up +1.50 points (+0.06). Thursday's closes: S&P 500 -0.17%, Dow Jones -0.14%, Nasdaq -0.19%. The S&P 500 on Thursday closed lower on weakness in energy stocks as crude oil prices fell -1.36% and on the +2.2% y/y rise in the U.S. Sep core PPI report (the largest year-on-year rise in 5-1/2 years) that was hawkish for Fed policy. A positive factor for stocks was the -15,000 decline in U.S. weekly jobless claims to 243,000, a bigger decline than -10,000 to 250,000.