consumer price index jumped 0.4% in September from the month prior and 5.4% year over year, the Labor Department reported Wednesday.
In Asia-Pacific overnight, stocks were mostly higher as investors reacted to the release of Chinese inflation data for September which showed the producer price index for September soared 10.7% compared to a year ago, slightly above expectations in a Reuters poll for a 10.5% increase.stock futures rose in early premarket trade on Thursday.