Reported about 6 hours ago
US stock indexes fell as consumer inflation for September exceeded expectations, complicating the Federal Reserve's upcoming interest rate decisions. The Dow Jones dropped 0.4%, the S&P 500 fell over 0.3%, while the Nasdaq Composite declined about 0.1%. The inflation report indicated a 0.2% increase in prices last month, contrary to anticipated lower figures, suggesting further debates regarding future interest rate adjustments.
Source: YAHOO