Stock investors are bracing for potentially strong moves and choppy trading Thursday after the release of the first US inflation data this year, based on the pattern of recent months.
In November and December, CPI came in 20 basis points lower than economists had forecast and the market rallied on both occasions, yet last time the S&P 500 pared gains of as much as 2.8% during the regular trading session to end the day just 0.7% higher.
