S&P 500 futures are slightly green today despite April inflation coming in hotter than expected. Headline CPI hit 3.8% and core reached 2.8%, mainly driven by energy. Gasoline alone is up over 28% from last year. The 10-year Treasury yield is sitting around 4.46% and there is chatter about potential Fed rate hikes resurfacing. This is putting some pressure on interest rate sensitive sectors like tech and real estate. Some notable movers today: * VG went up 14% after a Citi upgrade. * SE climbed 13% on strong Q1 revenue and earnings. * INSM gained 11% following positive analyst comments. * ASTS dropped 11% after earnings highlighted ongoing losses. * Semis had a rough day. QCOM fell 11% following rating shifts, and INTC dropped nearly 7% despite recent product announcements. Looking ahead to the rest of the week, we get PPI data on Wednesday, along with earnings from BABA and CSCO. AMAT and NU report on Thursday.