We are rounding out the week with a wealth of economic data, which may or may not be a good thing following yesterday's late session sell-off. First up, the Labor Department reported that the Producer Price Index (PPI) rose 1.1% in September, led by rising energy and food prices. This is the largest increase since February. Excluding food and energy, however, the core PPI rose 0.1%, well below expectations for a gain of 0.2%. Economists were also looking for a rise of just 0.4% in the headline PPI figure.

Elsewhere, the Commerce Department reported that U.S. retail sales were stronger than expected in September, rising 0.6%. Excluding the 1.2% rise in vehicle sales, sales increased 0.4%, in line with expectations. Sales are up 5% in the past year, compared with a 3.7% gain in the 12 months ending in August. Economists were looking for total sales to rise 0.3% in September after a 0.3% gain in August.