U.S. stocks were aimless at the start of Friday as producer prices surged in March, reviving fears of inflationary pressures. The S&P 500 SPX, 0.35% was up less than 0.1% to 4,099. The Dow Jones Industrial Average DJIA, 0.40% advanced 103 points, or 0.3%, to 33,607.
The Nasdaq Composite COMP, 0.14% fell 60 points, or 0.4%, to 13,769. U.S. producer prices rose 1% in March, well above the 0.5% rise expected by MarketWatch-polled analysts. Shares of Boeing Co. BA, -1.37% were down 2% after it flagged a potential electrical issue in certain 737 MAX aircraft, asking 16 customers to address it before further operations.