Wall Street is seeing gains following another upbeat inflation report, with March's producer price index (PPI) coming in cooler than expected. Big Tech is leading the charge today, with Amazon.com (AMZN), Alphabet (GOOGL), and Meta (META) all higher this afternoon. The S&P 500 Index (SPX) is solidly in the black, while the Nasdaq Composite Index (IXIC) is set to snap a three-day losing streak and, along with the Dow Jones Industrial Average (DJI), sports a triple-digit lead. 

Options bulls are targeting Nordstrom Inc (NYSE: JWN) today, with 14,000 calls traded so far -- 12 times the intraday average -- in comparison to 2,154 puts. The weekly 4/14 17-strike call is the most popular, followed by the April 17 call, with new positions being opened at both. At last glance, JWN was up 2.7% at $16.22 and now sports a fractional year-to-date gain. 

Shares of Mexico-based discount airline Controladora Vuela Co Avcn SA CV (NYSE: VLRS) are near the top of the New York Stock Exchange (NYSE), last seen up 9.3% at $12.32. The equity is extending its run up the charts, after recently reporting that domestic air travel was up 28% during January and February on a year-over-year basis. Year-to-date, VLRS is up more than 47%.

Meanwhile, the shares of Infosys Ltd ADR (NYSE: INFY) are performing the worst on the NYSE, after the company reported it expects revenue growth to hit a six-year low, as the majority of its clientele battle recession fears. Skepticism toward the IT and consulting name has swarmed in response, adding to the equity's already 20% year-over-year deficit.

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