BREAKING: The S&P 500 has lost over $600 billion in market cap today, down 1.03% 📉
🔴 Dow Jones -0.25%
🔴 S&P 500 -1.03%
🔴 Nasdaq -1.49%
Why? Inflation is heating up again…
September CPI came in at 3.7%, above the 3.6% expected. Core inflation hit 2.6%, also above the 2.5% forecast.
That’s the third-highest headline inflation reading since September 2023. The inflation fight isn’t over. 😳
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