Unsurprisingly US stocks open in the red- S+P holds 6k in early trading

As expected it has been a lower start of the day for the US stock markets, as all three major indexes reel in early trading, following the higher US inflation print. What is actually a surprise is the rebound in Gold. The metal slumped to a low at $2,864.21 following the CPI release. It has since rebounded more than $30 off that low. The only excuse, or perhaps suggestion; is another Central Bank might have stepped into buy it again on the dip, because outside of that its hard to explain, especially given the price action over the past 24 hours. Anyway, I will leave you to dwell on that. Meantime, it is a sea of opening red across the US stock markets this afternoon and in truth they will do well to change that colour ahead of the close tonight. As noted here much earlier today, the S+P 500 would react to this CPI data, if it was a surprise and it has tested the 6k mark in earlier trading, but it is still the Dow Jones that is faring the worst of all so far. The S+P 500 is just now trading at 6,021