By ELAINE KURTENBACH
AP Business Writer
Asian shares have bounced back after losses earlier in the week, shrugging off the latest data showing U.S. wholesale prices soared 11% in April from a year earlier. Oil prices and U.S. futures also were higher. Investors are puzzling over what’s next with inflation and the U.S. central bank’s response to it. The S&P 500 erased most of an early slump to end down just 0.1%, while the Dow Jones Industrial Average lost 0.3%. The Nasdaq eked out a gain of 0.1%. The sizzling producer price index for April followed a hot report on inflation at the consumer level on Wednesday.