Markets
9.4
US Stocks Fall as September CPI Exceeds Expectations, Inflation Accelerates
Published 2 d ago8 sourcesEvidence: Reported
SeverityHighInterfaxLow-rated sourceUS
US equities opened mixed after a turbulent week, with the Dow up 0.41% and Nasdaq down 0.63%, as September PPI and CPI both exceeded expectations. Markets now price a Fed hold at the October meeting but a hike in December, reflecting a hawkish repricing. The divergence between value and tech suggests rotation amid inflation concerns.
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