US stocks tilt lower after inflation data

2021-10-13 14:09:05 GMT (Economies.com)
US stocks tilt lower after inflation data

Most of the main US stock benchmarks fell on Wednesday, after the release of the US inflation data, while the cooperate earnings reports season kicked off.

 

Major US banks kicked off the Q3 earnings reports season, which has a huge impact on the banking sector.

 

Data showed today that the US consumer price index rose 0.4% during September, beating forecasts of 0.3%.

 

The core consumer price index reading (excluding energy and food prices) rose 0.2% last month as expected.

 

As for stocks, Dow Jones fell 0.3% or 113 points to 34,264 as of 13:54 GMT, and S&P 500 fell 0.1% or 3 points to 4,346, while Nasdaq rose 0.3% or 44 points to 14,509.

 
 
 
  Symbol Last Change Chg.%
1.1623
0.0012
0.1068%
1.3744
0.0005
0.0364%
Tadawul
11869.80
23.87
0.20%
24.378
1.065
4.568%
84.328
0.982
1.178%
86.06
0.47
0.55%
1798.980
29.240
1.652%
 
 
Live Forex Updates