Just caught up on that CPI report from a couple months back and honestly it was about as clean as these things get. The inflation numbers came in looking really solid - headline was only up 0.2% month over month, which had futures bouncing back from the red. Core CPI for the year hit 2.5%, lowest since early 2021. Energy prices were the main driver, especially gas dropping hard. Feels like that's been the story keeping inflation in check lately.

Anyway, same day we got some earnings noise. Wendy's beat on earnings but shares still tanked - guess the market's not buying the growth story there. Meanwhile Advance Auto Parts absolutely crushed it, like 110% earnings surprise kind of beat. Moderna also came in better than expected on the loss side, shares up on that.

The whole CPI report thing really shifted sentiment that morning. Pre-markets had been underwater but by the time that inflation data hit, everything was back toward flat. Sometimes one good economic read can flip the whole mood. Curious to see if this CPI report momentum actually sticks or if we're just bouncing between the same range.