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US STOCKS SNAPSHOT-Futures pare losses after producer prices data

ReutersMar 13, 2025 12:48 PM

March 13 (Reuters) - U.S. stock index futures pared losses on Thursday after producer prices data showed abating inflation pressures, offering investors some respite as they seek clues on the Federal Reserve's monetary policy trajectory this year.

Data from the Labor Department showed the Producer Price Index rose 3.2% on an annual basis in February, compared with a 3.3% rise expected by economists polled by Reuters. On a monthly basis, it remained steady.

Excluding the volatile food and energy components, core PPI increased 3.4% on an annual basis, compared with an expected 3.5% rise.

Separately, a report showed jobless claims were 220,000 for the week ended March 8, versus an estimate of 225,000.

U.S. S&P 500 E-minis EScv1 were down 10 points, or 0.18%, with 263,596 contracts changing hands. Nasdaq 100 E-minis NQcv1 were down 55.25 points, or 0.28%, Dow E-minis 1YMcv1 were down 70 points, or 0.17%

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