Early Update – More Weaker Than Expected Inflation Data (PPI) Sends Mega-Caps to A Leadership Position
10:58 a.m. ET The market got off to a good start and still looks good, although not seeing the soaring gains of the CPI miss last Thursday. Mega-caps are leading as expected as rates come down. SP-500 +1.45%, Dow +0.9% (Dow Transports +1.4%), NASDAQ-100 +2.25%, Small Caps +2.15% SP-500 (30m) trading above $4k, but as…