ADVFN US – Market Content Editor

The Labor Department released a report on Wednesday showing producer prices in the U.S. unexpectedly came in flat during the month of November. The report said the producer price index for final demand was unchanged in November after falling by a revised 0.4 percent in October. Economists had expected producer prices to inch up by…

The major U.S. index futures are currently pointing to a slightly higher open on Wednesday, with stocks likely to see initial strength ahead of the Federal Reserve’s monetary policy announcement this afternoon. Stocks may continue to benefit from optimism about the outlook for interest rates, which has helped lift the major averages to their best…

U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.1% in morning trading. Colruyt Group rose 5.2% and Arkema climbed 5%. On the other hand, NEL…

BAE Systems to Keep Managing U.S. Ammunition Plant BAE Systems won a new 10-year contract worth $8.8 billion to manage the U.S. Army’s main ammunition plant in Tennessee as efforts continue to surge production of artillery shells, missiles and other weapons. Inditex Ups Gross Margin View Inditex said it now expects a gross margin for…

Consumer prices in the U.S. inched up in line with economist estimates in the month of November, according to a highly anticipated report released by the Labor Department on Tuesday. The Labor Department said its consumer price index crept up by 0.1 percent in November after coming in unchanged in October. The uptick matched expectations.…

The major U.S. index futures are currently pointing to a modestly higher open on Tuesday, with stocks likely to extend the upward move seen over the past few sessions. The futures edged up slightly following the release of a highly anticipated Labor Department report showing U.S. consumer prices inched up in line with economist estimates…