March 13 (Reuters) - U.S. stock index futures pared
losses on Thursday after producer prices data showed abating
inflation pressures, offering investors some respite as they
seek clues on the Federal Reserve's monetary policy trajectory
this year.
Data from the Labor Department showed the Producer Price
Index rose 3.2% on an annual basis in February, compared with a
3.3% rise expected by economists polled by Reuters. On a monthly
basis, it remained steady.
Excluding the volatile food and energy components, core PPI
increased 3.4% on an annual basis, compared with an expected
3.5% rise.
Separately, a report showed jobless claims were 220,000 for
the week ended March 8, versus an estimate of 225,000.
U.S. S&P 500 E-minis were down 10 points, or 0.18%,
with 263,596 contracts changing hands. Nasdaq 100 E-minis
were down 55.25 points, or 0.28%, Dow E-minis
were down 70 points, or 0.17%