NFIB Small Business Optimism Index: 104.7 vs. consensus of 107.0, 107.6 in February.
March Producer Price Index: +0.3% vs. +0.1% consensus, +0.2% previous. +3.0% Y/Y.
Core PPI +0.3% vs. +0.2% consensus, +0.2% prior.
February Wholesale Trade: Inventories +1.0% M/M to $625.6B vs. +1.1% consensus, +0.9% in January (revised).
Sales +1.0% to $495.9B.
Inventory to Sales ratio falls to 1.26.
Redbook Chain Store Sales: +2.9% Y/Y vs. +4.4% last week.
Month-to-date sales are up 3.4% Y/Y and 0.3% M/M through the April 7. April sales are expected to be up 3.4% for the full month.
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10-year Treasury yield is higher by 1.6 basis points to 2.8%.