đŸ‡ș🇾 BREAKING: The S&P 500 posts its WORST day since July after HOTTER than expected US inflation.

Chip stocks LED the selloff, with the Philadelphia Semiconductor Index down 4.3% and nearly 10% in a WEEK.

Hotter inflation fueled bets on another Fed rate HIKE, adding to worries over stretched AI valuations and rising Chinese chip competition.

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