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Market Impact: 0.3
Nasdaq drops as hotter CPI, bank earnings and chip losses weigh on markets
Source: invezz.com
InflationEconomic DataInterest Rates & YieldsCorporate EarningsTechnology & Innovation
US stocks opened lower after September inflation came in slightly hotter than expected, pushing Treasury yields higher and weighing on equity valuations. Investors also assessed major-bank quarterly results as semiconductor stocks continued to decline.
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mildly negative
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