Evening Market Recap - Tuesday, 12-Mar
MAR 12
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US equities were mostly higher in Tuesday trading as stocks ended near best levels and more than erased Monday weakness. Momentum factor rallied despite recent scrutiny surrounding stretched positioning/sentiment/valuation. Market shook off another hotter-than-expected core CPI print. Headline February CPI printed in line with consensus for a 0.4% monthly rise, but faster than January. Headline up 3.2% y/y. Core CPI a bit hotter than expected.

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