Stocks Close At Session Highs But Retail Euphoria Boils Over As Short-Squeeze Frenzy Ends

Heading into today's cash session, there were three big question: 1) will PPI come in light, 2) will today's 30Y auction find enough demand, and 3) will the rumored escalation between Iran and Israel manifest in a military strike. 

In retrospect, it was all good news, with PPI following in CPI's footsteps and printing well below estimates