The market (S&P 500 futures) dropped 2.5% in one minute this morning. That minute was 8:30 eastern time, which is the exact time that the CPI numbers were relea

The market (S&P 500 futures) dropped 2.5% in one minute this morning. That minute was 8:30 eastern time, which is the exact time that the CPI numbers were released. In this case, the selling is directly attributable to the CPI data released this morning. I agree that the news headline narrative for market gains/sell offs aren’t always necessarily related, but today it definitely was.