Stocks Squeeze Higher As Soft Data Slumps, Dollar Dumps

The absence of headline roulette left markets pretty quiet with Goldman's trading desk highlighting this as the lowest volume session of the year as they melted up in the afternoon.

Mixed macro this morning, with the market shrugging off the disastrously soft Empire Fed Manufacturing Index (and a Homebuilder Sentiment print below all estimates) and instead focused on the much better Core Retail Sales data.