A.M. Update

S&P futures are up +0.1% following PPI & Weekly Initial Jobless Claims. They were down -0.5% at 8 a.m. Total PPI rose 0.2% in March (consensus 0.3%) following a 0.6% increase in February. Core-PPI, which excludes food and energy, rose 0.2% in March (consensus 0.2%) following a 0.3% increase in February. While PPI rose at…