The market continued its trend Thursday on a general climb, with just three out of eleven sectors falling on the S&P 500; Wednesday's turnaround kept on going on.  

Just past 11:11 am ET the    $S&P 500 Index (.SPX.US)$ climb 0.19% the       $Dow Jones Industrial Average (.DJI.US)$ fell 0.13%, and the    $Nasdaq Composite Index (.IXIC.US)$ climbed 0.48%.

Last week, the number of Americans who applied for unemployment benefits rose slightly to 230,000. There was no sign of widespread layoffs even as the job market cooled, and the numbers were in line with the yearly average.

Wednesday, investors received inflation macro data. Consumer prices grew 2.5% year over year, the lowest CPI year-to-year growth from the Bureau of Labor Statistics since the beginning of the pandemic. Year-over-year Core CPI, which excludes energy and food, is unchanged from last month's 3.2%. Month over month, Core CPI climbed from 0.2% to 0.3%.

PPI and initial jobless claims will be released on Thursday.

Last week, just before the blackout began in the lead-up to the FOMC September 17-18th rate decision meeting, investors also got word from New York Fed President John Williams Friday that it is time to cut rates.

Speaking toward the Council on Foreign Relations, Williams said the economy is balanced, and inflation is tracking lower, and "it is now appropriate to dial down the degree of restrictiveness in the stance of policy by reducing the target range for the federal funds rate."

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Yesterday, users said division and argument was an illusion to keep the world distracted.

Traders, what do you think, is the market in 2024 about following the herd? What you watching on the stock market today? What is the herd following? Let me know in the comments below!

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