Here's what is happening in the markets today, Tuesday April 9th

- Dow Drops 400 Points: Inflation fears trigger selloff.

- March CPI Surprises: Inflation hotter than expected.

- Fed Rate Cut Hopes Diminish: June cuts unlikely, eyes on September.

- Treasury Yields Soar: 10-year surpasses 4.5%.

- Oil Prices Near 5-Month Highs: Geopolitical tensions heighten.

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

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