A.M. Update

S&P futures are up 0.2% after PPI came in cooler than expected. Russell 2000 futures are in the lead up 0.5%. The Producer Price Index for final demand was unchanged month-over-month in June (consensus 0.2%) after increasing an upwardly revised 0.3% (from 0.1%) May. The Producer Price Index for final demand, less foods and energy,…