Benzinga | Mar 12, 2021 02:45PM EST

What's Moving The Market Friday?

Top News

* The U.S. Producer Price Index fell from 1.3% in January to 0.5% in February.

* Johnson & Johnson's (NYSE:JNJ) vaccine was added to the World Health Organization's list of emergency tools to fight against COVID-19.

* New York Governor Andrew Cuomo said his staff will work on a cannabis legalization bill over the weekend, which caused cannabis stocks to rally.

* The SPDR Technology ETF (NYSE:XLK) moved 1% lower as bond yields moved higher.

Indices Around The Globe

* S&P 500 Futures flirted with positive territory, holding above 3,900, as value stocks saw strength.

* UK's FTSE 100 up 0.36% to near 6,761.

* Japan's Nikkei up 1.73% to near 29,717.

Bonds

* 10-year treasury yield at 1.62%.

Commodities

* Crude oil down 0.65% to near $65.59/barrel.

* Gold up 0.02% to near $1,723/oz.

* Silver down 0.98% to near $25.93/oz.

Crypto

* Bitcoin down 0.5% over the last 24 hours to near $56,884.