US equity indexes mostly closed very significantly higher, SPX +64pts (1.7%) at 3920. Nasdaq comp' +2.1%. Dow +1.0%. The Transports settled -0.4%. R2K +1.9%.
SPX - daily
VIX - daily
Summary
US equities opened significantly higher on the latest inflation data.
Headline CPI y/y: 6.0% vs 6.4% prior.
Core, ex food/energy y/y: 5.5% vs 5.6% prior
The SPX pushed to 3937, saw a rather significant retrace to 3873, and settling at 3920.
Volatility was ground considerably lower, the VIX settling -10.5% to 23.73.
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