U.S. Stocks Suffer Worst Day Since July After Hot September Inflation Report

U.S. Stocks Suffer Worst Day Since July After Hot September Inflation Report

U.S. stocks had their worst day since July on Oct. 14 after hot September inflation, Barron's reported. S&P 500 fell 0.3%, Nasdaq 0.4%, per Barron's. Consumer prices, the cost of living, rose 0.6% in a month, Bloomberg reported, lifting bets the Fed keeps rates high. I'd read one print as pressure on borrowers, not proof of a trend.

Published