A.M. Update

S&P futures  are up 0.75% as CPI comes in cool. An impressive beat-and-raise earnings report from Micron (MU +15%) has the stock up double digits before the open and has seemingly restored some enthusiasm to Tech. Total CPI was up 0.2% for the two-month period from September to November (consensus 0.3%). Headline CPI slowed to 2.7% YoY…