🟢 S&P 500 ETF (VOO) is trading 1.1% up today after August CPI matched expectations

VOO is trading 1.1% higher after August CPI showed annual inflation at 3.4%, matching expectations.

• Core CPI rose 0.3% month over month, but the report reduced fears of a larger upside surprise.
• Easing oil prices helped offset concerns from elevated yields and next week’s Federal Reserve decision.