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US producer prices higher than expected in September

US producer prices higher than expected in September
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Hotter-Than-Expected PPI Doesn t Deter Bulls: Yields Fall As Economists Spot Inconsistencies - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR Select Sector Fund - Energy Select Sector (ARCA:XLE), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

The PPI index recorded a month-over-month increase of 0.5%. On an annual basis, the PPI saw a 2.2% increase, accelerating from August's 2%.

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