Low impact

Hotter-than-expected inflation data pushed the S&P 500 and Nasdaq down more than 1% each, with AI-related stocks like Oracle and CoreWeave hit hard on worries about further Fed rate hikes.

Reuters10/15, 08:15 AM

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

Nasdaq
Pushes down
DaysMedium confidence
Hotter inflation fuels Fed rate-hike worries, pressuring high-valuation AI and growth names most.
S&P 500
Pushes down
DaysMedium confidence
Broader index drags lower as rate-hike concerns weigh on equity valuations.

What could change this

If the inflation data proves to be a one-off rather than a trend, pressure on equities and AI stocks could ease.

7,623.68-0.52%vs previous close

-1.23%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.

This story

09/25, 08:30 PMNow