AM. Update

S&P futures are up+0.25% Total August PPI fell 0.1% (consensus -0.1%) after a revised 0.4% month-over-month decline in July (from 0.5%). Core PPI, which excludes food and energy, rose 0.4%  (consensus +0.3%) after a revised 0.3% increase in July (from 0.2%).  Core PPI rose 7.3% YoY, hotter than the +7.0% expected, but less than July’s…