Stock market news live updates: Stock futures surge after core inflation reading comes in cooler than expected

U.S. stocks surged early Tuesday after new inflation data provided fresh signs that prices may be cooling. The S&P 500 (^GSPC) jumped by 1.5% in early morning trading, while the Dow Jones Industrial Average (^DJI) advanced by 0.9%. The technology-heavy Nasdaq Composite (^IXIC) rose by as much as 2.5%. October’s producer price index (PPI) declined…