Inflation did rise. So what did stocks do in they went up. Its all just a case ofuring that market adage inside outside. In this case, se the rumor, buy the news. After a stumble out of the gate tonight, equties rallied, and strongly, for a fourth straight session. The Dow Jones Industrial average advanced to 24,893. The nasdaq added 130 and the s p 0 was up 35. Babb pisani mightily tries to hy explain w stocks went up todwh most thought he would go down. Reporter is the market worried about inflation or not . Stocks took a knows dive on february 2nd when the jobs report pointed to strongh. Wage grow it fell on today when a read on consumer inflation came in stronger. But by late morning the market recouped all of its losses and move higher. What happened . First volatility has been a big wory recent. Today the main measure of volatility, the vix dropped dramatically, indicating that traders who make bets on volatility were betting that volatility would be lower in the next month. That