A.M. Update

S&P futures are up +0.25% right now, so the index should finally reach the 5,000 mark at the open. The push index futures needed came from December CPI revisions –  MoM revised to 0.2% from 0.3%; Dec CPI core 0.3% MoM. unchanged; 4Q CORE CPI UNCHANGED AT 3.3% ANNUALIZED INCREASE. It wasn’t much of a…