The market is poised to be opened higher today after the release of the CPI number this morning. Total August CPI rose 0.2% vs. consensus of 0.2%, while the core rate (ex-food and energy) rose 0.2%, also matching estimates. This number will be indicator of easing in consumer inflation. Also, the NY Empire State Index checked in at 13.8 vs. estimate of 14.0. Today will continue the market winning streak for the Nasdaq market. A nice rally run in recent months.
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