Stocks managed to bounce back from morning lows to finish slightly higher today. The S&P 500 rose 0.18% and the Nasdaq added 0.23%. The main driver was inflation data. January CPI came in at 2.4%, which was below the 2.5% forecast. This helped push the 10-year Treasury yield down to roughly 4.05%, taking some pressure off the market. Semiconductors had a good day, led by Applied Materials jumping 10% on strong earnings. Crypto names also rallied with Bitcoin up over 4%, sending Coinbase up 14%. Earnings were the other big story. Rivian gained 19% on a revenue beat, and Arista Networks rose 5%. On the downside, Pinterest crashed 21% after missing revenue estimates, and DraftKings fell 12% on weak guidance for the year.