Inflation Cooler Than Feared – Stocks Party, Metals Chill

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe markets started with a bang after the delayed November CPI dropped softer than anyone expected—headline at 2.7% year-over-year and core at 2.6% (way below the 3.1%/3.0% guesses).No October data to compare because of the shutdown, so economists aren’t calling it a slam-dunk trend yet, but traders didn’t care—they hit the buy button hard.Micron was the hero, rocketing 9% on a beat-and-raise quarter and strong guidance, ...