Most S&P 500 sectors trade higher; continuation from yesterday's buy-the-dip trade
Some softening inflation data in the Consumer Price Index report for February 2019 has provided some support for the broader market.
February CPI was up 0.2%, as expected, while core CPI, which excludes food and energy, was up just 0.1% in February. On a year-over-year basis, total CPI eased to 1.5% from 1.6% in January while core CPI eased to 2.1% from 2.2% in January. It is this year-over-year trend that will keep the Fed in a patient mindset, which is a supportive consideration for risk assets.
- briefing.com 11:25 a.m. ET ==============================
Real Time Economics @WSJecon 5 hours ago
A rise in the consumer-price index in February “provides the Fed with additional reason to pause its tightening of monetary policy.”
===============================
high vigilance daily chart for all the displayed chart elements -
News 
Market Data 
Discover 
AI
