Stock futures are pointing to a flattish open following the release of the producer prices and retail sales reports for December along with the reports of quarterly results from JPMorgan (JPM) and Wells Fargo (WFC). The Producer Price Index rose 0.3% overall in December, matching estimates. If food and energy are removed, the core reading was up 0.1% versus expectations for an increase of 0.2%. Retail sales increased 0.6% overall in December, versus expectations for an increase of 0.7%. When autos and gas are removed, the core reading was breakeven versus the expected increase of 0.4%. In pre-market trading, Dow futures are 4 points above fair value, Nasdaq futures are 3 points above fair value and S&P futures are virtually unchanged.