Commuters exit a Wall Street subway station near the New York Stock Exchange. Wall Street trading desks expect a hot inflation print when the consumer price index hits Thursday, but they aren’t preparing for a big reaction from stocks with jobs dominating the market narrative. Options traders are betting the S&P 500 Index will post a modest swing of nearly 0.7% in either direction following the CPI report, according to Stuart Kaiser, Citigroup Inc.’s head of US equity trading strategy. That’s less than t ...