Markets Digest Hot U.S. Inflation Updates
A market recap says sentiment was weighed by hotter-than-expected U.S. consumer and producer inflation readings.
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US STOCKS — Wall St tumbles as hot CPI boosts rate — hike bets; banks, AI stocks weigh
Indexes down: Dow 0.30%, S&P 500 1.10%, Nasdaq 1.66% US inflation rises more than expected in September Bank of America slips after lower Q3 profit Philadelphia chips index set for longest losing streak since Nov 2024 (Updates with afternoon trade) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 14 (Reuters) — The S&P 500
US STOCKS — Wall St slides as hot CPI data fuels rate — hike bets; chips, banks weigh
Indexes down: Dow 0.06%, S&P 500 0.60%, Nasdaq 0.78% US inflation rises more than expected in September Bank of America slips after lower Q3 profit Liquidia surges after settling lawsuits with United Therapeutics (Updates for market open) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 14 (Reuters) — Wall Street's main ind