The producer price index figures come as investors are hoping the Fed will issue highly-anticipated interest rate cuts next week.

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Thursday's producer price index data comes after the US core consumer prices saw an unexpected uptick in August.

Indexes rose Thursday as investors took in new inflation data, with the producer price index rising 0.2% on a monthly basis.

US equity indexes rose with government bond yields as a relatively hot inflation print lifted the odds for a gradual monetary policy easing, starting next week. The S&P 500 index rose 0.7% to 5,590.2 ...