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Pre-Market Report – Thursday 15 October: US markets stumble - CoreWeave falls hard - SPI down 18 - Gold eases - US CPI rises
Pre-Market Report – Thursday 15 October: US markets stumble - CoreWeave falls hard - SPI down 18 - Gold eases - US CPI rises
The S&P 500 pulled back on Wednesday, pressured by losses in the artificial intelligence trade, as investors reacted to hotter-than-expected September consumer inflation data. The broad market index fell 1.11% to end at 7,718.94, while the Nasdaq Composite shed 1.88% to close at 26,692.87. The Dow Jones Industrial Average declined 48.62 points, or 0.09%, to 51,621.48. Gains in key healthcare stocks such as UnitedHealth and Amgen kept the 30-stock index’s losses in check. The consumer pric...