Midday Market 04/11: Cash flows rotating ahead of CPI data

The US stock market continued a rather dull trading session on Tuesday morning with most indices reversing to slight gains led by mega-cap tech block, especially consumer tech stocks (Apple, Microsoft, Google, Amazon) continuing to face heavy pressure from declining consumer demand. Meanwhile, defensive stocks in energy and industrials received capital inflows from investors. Overall, liquidity improved markedly since yesterday afternoon, especially in small-cap stocks.