Market Update – Amazing turnaround

2:57 p.m. ET A hotter-than-expected reading for the September Consumer Price Index (CPI) precipitated losses of -2.4%, -3.2%, and -1.9% for the S&P 500, NASDAQ Composite, and Dow Jones Industrial Average, respectively, shortly after today’s open, then an amazing turnaround that has found the major averages sporting gains from +2.35% to +3.1 and the continue…