Semis & CPI Spark Surge In Big-Tech & The Buck; Bullion, Bitcoin, & Bonds Dumped

US equities were mixed today as investors digest:

(1) another benign inflation report (Core CPI cooler than expected);

(2) favorable semis trade news between China and the US (NVDA to sell H20s to Beijing); and 

(3) the kick-off of big bank earnings season, which for the most part failed to clear a high bar.

Rate-cut odds tumbled