JPM DESK: “.. US markets seem to be expressing a view that (re)inflationary trend of 24Q1 has halted, if not reversed, with #CPI coming in a touch cooler, largely doing so without a material decline in shelter prices.” $SPX 🇺🇸 pic.twitter.com/kOaEut9hZh

% of members in S&P 500 making a new 52-week high has started to hook back higher (into double-digit territory) pic.twitter.com/lPm3gkz7mo

The S&P 500 ended the day at a new all-time high, its 24th of the year. Over the last 12 years, the S&P 500 has hit 371 all-time highs, which is more than any 12-year period in history. $SPX bilello.blog/newsletter pic.twitter.com/Acy3AJjD6n

At 5,303, the S&P 500 is already 9% above the average 2024 year-end price target from Wall Street strategists (4,861). And there's still seven and a half months to go. $SPX Video: www.youtube.com/watch?v=qNj72ts8Z-M&t=929s pic.twitter.com/2k6wjs26XS