SPX-Inflation beaten...do not claim victory...
@DoTrading:
Here is the content of this article: - Thursday's session - The main events of the week - The current market atmosphere - The levels retained for the SPX. SUMMARY The equity market rallied strongly and broadly on Thursday, helped by encouraging inflation data. $S&P 500(.SPX)$ rose 1.3% for its highest close since Feb. 15, with ten of the index's 11 sectors ending in positive territory. SPX 4200 on radar $NASDAQ(.IXIC)$ climbed 2%, the biggest one-day gain since March 16. $DJIA(.DJI)$ rose 1.1%. The catalyst would have been the latest producer price index -PPI- Business costs rose 2.7% year over year, below expectations of 3%. On a monthly basis, the PPI fel