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BREAKING LIVEvia finance.yahoo.comEconomy

US October CPI rises 0.4% and core 0.3%, above forecasts

FROM THE WIRE · FINANCE.YAHOO.COM

We just published a list of the Buy Alert: 10 Stocks Analysts Upgraded on Wednesday and Apple (NASDAQ:AAPL) ranked 10th on this list. October consumer prices rose 0.4%, the third straight monthly gain of at least 0.4%, according to data reported by Reuters. Economists polled by…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA hotter-than-expected CPI print strengthens rate hike bets, weighing on equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01October consumer prices rose 0.4%, versus expectations of 0.3%.
  2. 02Core inflation rose 0.3% against a forecast of 0.2%.
  3. 03Fed Governor Waller said a 50-basis-point hike should be considered if core CPI rose 0.3% or more.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Apple Inc.AAPLStock356.27 USDMarket closedtoday +0.39%Negative NVIDIA CorporationNVDAStock162.85 USDMarket closedtoday -2.01%Negative S&P 500INDEX:SP500Index7,560.97Market closedtoday -0.41%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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