a four decade high of 11.1%. wall street stock index futures up here. they ended the day higher. the s&p climbed to the highest level in two months. slower u.s. producer price gains in october hinting inflation is beginning to ease here. october retail sales data due later this morning. target will release quarterly earnings. walmart and home depot better than expected. gas prices sitting at $3.74 a gallon. let's bring in a retail ecommerce analyst. so nice to see you, claire. thanks for getting up early for us. inflation still blazing in the u.k. showing signs of peaking in the u.s. will that help consumers? >> absolutely. starting to see that inflation number come down in the most recent report and we are seeing indicators that inflation is continuing to drop based on some of the consumer behaviors relevant to inflation. seeing a little bit less sticker shock from consumers.