US stocks opened higher on Tuesday as March PPI came in cooler than expected, with the S&P 500 up 0.3% to 6,908.52.
March headline PPI rose 0.5% month‑on‑month and 4.0% year‑on‑year, missing forecasts of 1.1% and 4.6%; core PPI increased 0.1% month‑on‑month, 3.8% year‑on‑year.
JPMorgan and Citi beat earnings expectations, while Wells Fargo missed revenue and interest‑income forecasts, prompting divergent stock moves.
Oil prices slipped below $100, with Brent at $97.67 and WTI at $95.68, as Middle‑East tensions persisted but showed signs of de‑escalation.