US equity markets advanced and treasuries rallied as the latest headline inflation data printed slightly weaker-than-expected, with value stocks lagging growth names following a choppy session - Dow slipped -30-points or -0.09%, with American Express Co (down -3.06%) and Nike Inc (-1.27%) notable drags. The broader S&P500 +0.45%, with Communication Services (up +1.69%) and Information Technology (up +1.22%) leading seven of the eleven primary sectors higher. Energy and Financials sat at the foot of the primary sector leaderboard, down -1.15% and -0.67% respectively. The technology-centric Nasdaq +1.04%, logging its highest settlement since June. Alphabet Inc rose +4.10% as Google kicked off its I/O developer conference and unveiled new gadgets and software, with a particular focus on artificial intelligence. The small capitalisation Russell 2000 rose +0.56%.
