• Producer prices up more than expected in April
• Fed’s Powell: PPI ‘mixed’, next move unlikely to be a rate hike
• Meme stocks extend gains, Home Depot shares fall after report
• Alphabet advances after AI updates
• Indexes rise: Dow 0.32%, S&P 0.48%, Nasdaq 0.75%

https://www.reuters.com/markets/us/futures-lackluster-with-inflation-data-fed-chair-powell-speech-tap-2024-05-14/