S&P stock futures choppy around breakeven

By @ibtimes on

S&P 500 stock index futures traded choppily around breakeven on Wednesday after data showed producer prices surged in February at their fastest pace in just over 1-1/2 years and investors were buffeted by geopolitical uncertainty.

S&P 500 futures dipped 1.1 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 6 points, and Nasdaq 100 futures rose 1.5 points.

(Reporting by Edward Krudy; editing Jeffrey Benkoe)

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