US data on the agenda for the S+P 500 today

As you know and as reported on here yesterday, the S+P 500 narrowly avoided a fall below 6k on the opening. The index based at exactly 6,003 and moved higher from then on. The price action after the European close was given a further boost by the comments from Trump, regarding the war in Ukraine. So, the index reached a high yesterday, at exactly 6,063 and later closed only modestly lower, at 6,051.97 (-16.53 points). Perhaps had it not been for Trump we might have been looking at a daily close back underneath 6k again. Since the US close last night the indications on the opening for today have swung between 6,030 and 6,070. At 1.30pm GMT we get some US data which impact that opening call and it is the January PPI report (Producer Price Index). Also out at the same time are the latest weekly jobless claims. PPI is forecast to rise by 0.3% in January, but the annualised rate is forecast to drop slightly, from 3.5% to 3.3%. We shall have to see if this data replicates what we had in the CPI numbers yesterday, or not. Naturally this could have an impact on stocks in general, but it might play second fiddle on whatever Trump has to announce on tariffs. All to be revealed. The S+P 500 is currently priced to reopen around 6,049