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Good morning. Today is Friday, October 14th, and I'm your host Julie Morgan.

Our top stories, earnings season, Twitter, Albertsons and Kroger, Novartis, Beyond Meat, Meta Platforms, Deer, and Aluminum.

Investors quickly got over the shock of a hotter than expected

CPI report rebounding from an early swoon on Thursday to finish the session sharply

higher.

The NASDAQ finished up 2.2 percent.

The S&P 500 ended up 2.6 percent and the Dow Jones closed up 2.8%. All 11 S&P sectors secured gains. This was led by more

than 4% rallies in energies and financials. Consumer discretionary was the most sluggish market segment

rising by 1%. B. in capitals Leo Nielsen is a seeking alpha contributor. He said

quote today's market reaction caused traders to scratch their heads.

The rebound is the result of short covering and the related fact that a lot has been

priced in. While the market is not out of the woods it is now going the way of least resistance. in 0.4% in September compared to the previous month with an annual rate of 8.2%.

Meanwhile, core prices advance 0.6% from the prior month and 6.6 from last year. The annual pace marked the biggest year over year rise in 40 years.

Looking at action in the bond market, the 10 year treasury yield climbed five basis points to 3.96 percent and the two-year yield surged

19 basis points to 4.47 percent. In other economic news the government also

released its weekly jobless claims data, which rose more than expected to

228,000.

And Our Day Watch is a standout gainer. Speculation about a potential merger drove Gaines in Albertsons, amid reports that the grocery

store chain was in talks with rival Kroger. ACI rose nearly 12%.

Bloomberg reported that ACI and K.R KR were in negotiations to combine.

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