Intraday Market Update

1:38 p.m. ET Intraday trade continues to be choppy since the CPI report when stocks fell to session lows, rallied to cash session highs and have pulled back into the red again. The mega-caps continue to be a drag on the broader market (MGK -1.8%) vs. the equal weight S&P (-0.25%). SP-500 -0.85%, Dow -0.4%,…