Break News - Jobless Claims and Producer Price Index economic reports.

Jobless Claims and Producer Price Index economic reports disappoint and weighs on the U.S. markets by increasing to 382,000 claims, 15,000 more claims the economist were excepting.

Producer Price Index (PPI) also jumps to 1.7% for the month of August compared to July’s Producer Price Index report of 0.3%.  The Producer Index was biggest area of increase was by high energy costs. Stripping out food and energy core PPI comes in at 0.2% for the month of August compare to July’s 0.4%.