{"id":244139,"date":"2026-06-11T13:08:14","date_gmt":"2026-06-11T17:08:14","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=244139"},"modified":"2026-06-12T04:01:31","modified_gmt":"2026-06-12T08:01:31","slug":"wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/","title":{"rendered":"Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026"},"content":{"rendered":"\n<p>Wall Street is rebounding today as investors overlook this morning\u2019s hotter-than-expected PPI print and instead focus on sliding crude oil prices and declining yields. What could have been an adverse market impact stemming from a 42-month high in wholesale inflation was surprisingly offset by heightening geopolitical tensions that are actually easing energy cost pressures. This dynamic is a result of President Trump threatening a Venezuela style takeover of Iranian infrastructure in the not-too-distant future. The alleviation in interest rates resulting from the commander in chief\u2019s remarks was further bolstered by unemployment claims surpassing projections, which pushed the Treasury curve south in bull-flattening motion led by duration. The fixed-income gains come as bond buyers assess the modest deceleration in short-term labor activity and its associated economic slowdown risks. Stocks are advancing broadly, meanwhile, with every major domestic benchmark and all 11 sectors climbing except for communication services. Non-energy commodities including precious metals are rising in response to lighter financial conditions overall, although the greenback is strengthening modestly. Elsewhere, volatility protection instruments are flat but remain at historically elevated levels while cryptocurrencies and prediction markets catch bids.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-ppi-highest-since-late-2022\"><strong>PPI Highest Since Late 2022<\/strong><\/h3>\n\n\n\n<p>Wholesale inflation during May rose at its fastest pace since November 2022 as the energy cost shock spread across most areas of the economy. The May Producer Price Index (PPI) rose 1.1% month over month (m\/m) and 6.5% year over year (y\/y), exceeding expectations for jumps of 0.7% and 6.4% after April\u2019s 1.1% and 5.7% northward movement. The heaviest contributing categories supporting the upside beat and the extent of their m\/m changes were as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Energy, 10.7%<\/li>\n\n\n\n<li>Transportation\/warehousing services, 2.6%<\/li>\n\n\n\n<li>Core goods, 0.8%<\/li>\n\n\n\n<li>Other services, 0.7%<\/li>\n\n\n\n<li>Food, 0.6%<\/li>\n<\/ul>\n\n\n\n<p>The trade services category was the only major segment seeing a decline; its stickers dropped 1.1% m\/m, while overall goods and services climbed 2.8% and 0.3%. At the more granular level, gasoline, jet fuel, portfolio management fees and airfares saw notable jumps. Conversely, pork, residential electric power and margins for machinery and equipment wholesaling retreated.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-unemployment-filings-climb-for-third-straight-week\"><strong>Unemployment Filings Climb for Third Straight Week<\/strong><\/h3>\n\n\n\n<p>Unemployment claims rose above expectations in this morning\u2019s update and a pivotal development to watch will be whether the climb is associated with traditional summer volatility or with a modest deceleration in labor activity. Initial filings increased for the third consecutive week to 229k for the period ended on June 6, the highest level since February. The result exceeded the 219k expected and the 225k from the prior interval. Continuing applications for the seven-day timespan culminating on May 30 also ticked upward, rising to 1.795 million while arriving ahead of the 1.78 million median estimate and the 1.771 million from the previous report. Four-week moving averages ascended slightly to 219k and 1.781 million.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-can-market-momentum-catch-a-lift-tomorrow\"><strong>Can Market Momentum Catch a Lift Tomorrow?<\/strong><\/h3>\n\n\n\n<p>Market momentum could regain its footing and catch a lift tomorrow as equity bulls may attempt to recover this week\u2019s steep losses in stocks. Favorable news from the Middle East, the AI\/tech front, and\/or an upbeat surprise on Friday\u2019s consumer sentiment data has the potential to reenergize animal spirits; however, enthusiasm may be limited by nervousness ahead of next week\u2019s Fed meeting. Yields will be extremely sensitive to the details within the central bank\u2019s summary of economic projections and statement, while the inaugural presser from new Chair Kevin Warsh will offer a first impression on whether fresh leadership will lean dovish or hawkish. There\u2019s certainly pressure from the White House to ease financial conditions, although the Treasury curve is opining in the opposite direction, as robust growth, fast inflation and widening deficits point north, not south.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-international-roundup\"><strong>International Roundup<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-european-central-bank-hikes-as-expected\"><strong>European Central Bank Hikes as Expected<\/strong><\/h3>\n\n\n\n<p>Citing eurozone inflation exceeding three percent and escalating price pressures from the US-Iran war, the European Central Bank (ECB) bumped its key interest rate by 25 bps to 2.25%. The hike was widely anticipated and was the first increase since September 2023 when the organization moved its deposit facility benchmark from 3.75% to 4%. It began to cut in the following June. The decision comes shortly after the eurozone recorded a 0.2% decline in first-quarter gross domestic product, illustrating that inflation concerns among policymakers are strong enough to look beyond a weak economy.<\/p>\n\n\n\n<p>The institution is also expected to hike at least one more time this year. Meanwhile, the Federal Reserve and Bank of England meetings next week are expected to result in no changes for either organization.<\/p>\n\n\n\n<p>Unlike the US, Europe is heavily dependent on oil imports, making it susceptible to higher crude prices triggered by the nearly full closure of the Strait of Hormuz, which prior to the war accounted for the shipping of nearly 20% of the global supply of black gold. With the headwind of higher energy prices, the eurozone is likely to grow only 0.8% this year and 1.2% in 2027, according to the ECB\u2019s updated outlook. Inflation this year is expected to stay above 3%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-youth-unemployment-climbs-in-south-korea\"><strong>Youth Unemployment Climbs in South Korea<\/strong><\/h3>\n\n\n\n<p>South Korea\u2019s unemployment rate in May was unchanged from April at 2.8%, but the number of idle individuals climbed with the country\u2019s participation rate falling, according to the Korean Statistical Information Service (KOSIS) and the Ministry of Data and Statistics (MODS). The country\u2019s economically active population, which consists of individuals either seeking work or currently employed, slipped by 14k from the year-ago period. When measured as a percentage of the country\u2019s population, the portion of economically active individuals, also called the labor participation rate, sank by 0.4 percentage points y\/y to 65.2%. Meanwhile, the total number of unemployed individuals was up 3% y\/y, causing the May unemployment rate to be 0.1 percentage point higher than in the year-ago month. Among the out of work, the largest segment was the youth group, which includes individuals within an age range of 15-29.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-canada-building-permits-contract\"><strong>Canada Building Permits Contract<\/strong><\/h3>\n\n\n\n<p>The value of building construction given the green light in Canada sank 7.6% m\/m in April, a much worse result than the economist consensus estimate for a 3.7% contraction and a reversal from the 10.5% March climb. The non-residential sector and the residential segment experienced declines of 10.5% and 5.5%, according to Statistics Canada. Among residential projects, the multifamily category led the decline.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street is rebounding today as investors overlook this morning\u2019s hotter-than-expected PPI print and instead focus on sliding crude oil prices and declining yields. <\/p>\n","protected":false},"author":903,"featured_media":206628,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[4,5,12711,18,6,8,9,26,3],"tags":[1925,4505,295],"contributors-categories":[13760],"class_list":{"0":"post-244139","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asia","8":"category-europe-middle-east-africa","9":"category-ibkr-economic-landscape","10":"category-macro","11":"category-north-america","12":"category-region","13":"category-securities","14":"category-text-articles","15":"category-traders-insight","16":"tag-iran","17":"tag-producer-price-index","18":"tag-yields","19":"contributors-categories-ibkr-macroeconomics"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/244139\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026 | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Wall Street is rebounding today as investors overlook this morning\u2019s hotter-than-expected PPI print and instead focus on sliding crude oil prices and declining yields.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-11T17:08:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-12T08:01:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ppi-dollar-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jose Torres\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jose Torres\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Jose Torres\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\"\n\t            },\n\t            \"headline\": \"Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026\",\n\t            \"datePublished\": \"2026-06-11T17:08:14+00:00\",\n\t            \"dateModified\": \"2026-06-12T08:01:31+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/\"\n\t            },\n\t            \"wordCount\": 1020,\n\t            \"commentCount\": 1,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ppi-dollar-featured-img.jpg\",\n\t            \"keywords\": [\n\t                \"Iran\",\n\t                \"producer price index\",\n\t                \"yields\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Asia Pacific\",\n\t                \"Europe, the Middle East and Africa\",\n\t                \"IBKR Economic Landscape\",\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/\",\n\t            \"name\": \"Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026 | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ppi-dollar-featured-img.jpg\",\n\t            \"datePublished\": \"2026-06-11T17:08:14+00:00\",\n\t            \"dateModified\": \"2026-06-12T08:01:31+00:00\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ppi-dollar-featured-img.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ppi-dollar-featured-img.jpg\",\n\t            \"width\": 1000,\n\t            \"height\": 563,\n\t            \"caption\": \"PPI\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\",\n\t            \"name\": \"Jose Torres\",\n\t            \"description\": \"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&amp;M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/jose-torres\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/244139\/","og_locale":"en_US","og_type":"article","og_title":"Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026 | IBKR Campus US","og_description":"Wall Street is rebounding today as investors overlook this morning\u2019s hotter-than-expected PPI print and instead focus on sliding crude oil prices and declining yields.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/","og_site_name":"IBKR Campus US","article_published_time":"2026-06-11T17:08:14+00:00","article_modified_time":"2026-06-12T08:01:31+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ppi-dollar-featured-img.jpg","type":"image\/jpeg"}],"author":"Jose Torres","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jose Torres","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/"},"author":{"name":"Jose Torres","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e"},"headline":"Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026","datePublished":"2026-06-11T17:08:14+00:00","dateModified":"2026-06-12T08:01:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/"},"wordCount":1020,"commentCount":1,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ppi-dollar-featured-img.jpg","keywords":["Iran","producer price index","yields"],"articleSection":["Asia Pacific","Europe, the Middle East and Africa","IBKR Economic Landscape","Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/","name":"Wall Street Rebounds, Overlooking Hot PPI In Favor of Cooler Oil: June 11, 2026 | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ppi-dollar-featured-img.jpg","datePublished":"2026-06-11T17:08:14+00:00","dateModified":"2026-06-12T08:01:31+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/wall-street-rebounds-overlooking-hot-ppi-in-favor-of-cooler-oil\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ppi-dollar-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ppi-dollar-featured-img.jpg","width":1000,"height":563,"caption":"PPI"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e","name":"Jose Torres","description":"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&amp;M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/jose-torres\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ppi-dollar-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/244139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/903"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=244139"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/244139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/206628"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=244139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=244139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=244139"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=244139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}