U.S. stock futures indicate a subdued start to Thursday's trading session, with the Dow Jones Industrial Average expected to open lower. This follows a previous day's downturn fueled by higher-than-anticipated consumer-price index data.
Investor focus now shifts to the forthcoming release of producer price index (PPI) data, which is anticipated to shed further light on inflationary trends. Analysts are eyeing the PPI report for insights into whether recent inflationary pressures are sustained.
Economists' forecasts suggest a potential slowdown in PPI growth for March compared to the previous month, but the year-over-year trajectory remains a key point of interest for market participants. Stay tuned for updates as markets react to the latest economic indicators.
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