Stocks are higher Tuesday morning after a report on consumer prices came in level with expectations, assuaging fears about rising inflation that would necessitate higher interest rates.
At present, the S&P 500 is up 0.32%, the DJIA is up 0.36%, and the NASDAQ is up 0.22%.
Industries doing well today include Multiline Retail, Construction Materials, and Semiconductors & Semiconductor Equipment. Industries showing weakness include Health Care Technology, Industrial Conglomerates, and Media. The VIX is down 0.06 to 15.72 after closing yesterday at 15.78. The most heavily traded options this morning are for Ford Motor Company (F), with 15,422 Mar. 16 10.87 calls on the board. The total put/call ratio as of 10:00 AM was 0.61 (230,485/380,459). The advancers/decliners ratio for NYSE stocks is 1,767/1,111, while the advancers/decliners ratio for NASDAQ stocks is 1,584/1,198.