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Stocks flat after higher-than-expected retail sales, inflation data

Stocks are mixed Wednesday morning as traders try to digest a whole raft of economic data that was released this morning. On the inflation front, inflation, as measured by the consumer price index rose by the most since Feb. of 2013. Retail sales also rose more than expected.

West Texas Intermediate crude is trading at $53.19. At present, the S&P 500 is up .02%, the DJIA is up .18%, and the NASDAQ is up .09%.

Here are your Wednesday-morning market metrics. Industries doing well today include airlines, household products, and personal products. Industries showing weakness include insurance, electric utilities, and multi-utilities. The VIX is up .99 to 11.73 after closing on Tuesday at 10.74. The most heavily traded options this morning are for the SPDR S&P 500 ETF (SPY), with 20,044 February 22-expiring 231 puts on the board. The total put/call ratio as of 10:00 AM was 1.03. The advancers/decliners ratio for the NYSE is 1,184/1,484, and for the NASDAQ, 1,137/1,159.

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Bobby Raines

Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby worked at a mid-sized daily newspaper before making a switch to covering the financial industry full time in the years leading up to the financial crisis. He has been a member of the Fresh Brewed Media team since 2011 and has served as a writer and analyst. You can write to him at braines@marketintelligencecenter.com or follow him on Twitter: @BRatMICenter.