Wall St had a strong session on Friday. Inflation numbers coming in slightly lower than expected and company earnings continuing to beat. The market jumping hurdles of the Government shutdown, trade tensions, regional bank jitters, overvaluation concerns and oil sanctions. S&P 500 up 0.79%, closing near the high on average volume. Dow up 473 points. Nasdaq best up 1.15%. Headline CPI hit 3% vs 3.1% expected. The highest level since January. Energy prices the largest contributor. Transportation services had the biggest decline. Shelter flat. Core inflation slightly fell from 3.1% to 3%. No change was expected. Technology the best performer thanks to Big Chips. Alphabet/Anthropic news boosting sentiment (more below). S&P 500 up 1.9% for the week. Nasdaq up 2.3%. ASX 200 up 0.26%.

ASX set to open 26 points higher.  US - China trade talks in focus.

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