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Related tickers and likely impact
DXY
• NeutralRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
QQQ
• NeutralInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 704.40 |
| Change that session | -0.01% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.97 |
| Change that session | -0.52% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- U . S . business inflation heating up , could lead to even higher prices for American shoppers
U.S. wholesale inflation climbed in September to its highest level in more than four years, with the Producer Price Index (PPI) up 1.3% from the previous month and 6.3% from the same month in 2025, both above economists' forecasts. Oil prices rose amid U.S. President Donald Trump's prolonged war with Iran, squeezing businesses, while record diesel prices added to transportation costs. Core PPI, which excludes energy, food and trade services, is also rising at its fastest pace since October 2022. Consumer inflation edged up to an annual 3.7%, while core inflation was 2.6%, both hotter than expected. The article warns that manufacturers and wholesalers could pass higher costs on to consumers, and the two reports reinforce expectations that the Federal Reserve may raise interest rates again before year-end.
- Producer Price Inflation Was Much Hotter Than Expected. Stocks Still Climbed.
Producer prices rose 1.3% last month and 6.3% year over year, the largest 12-month increase since 2022, well above economists' forecasts of 0.6% and 5.5%. Excluding food, energy and trade, the monthly PPI rose 0.5% and the annual rate was 5%, with gasoline prices up 20.3% and chicken egg prices down 39.7%. Stocks still rose, with the Nasdaq Composite up 0.08%, the S&P 500 up 0.33% and the Dow up 1.08% as investors rotated out of the AI trade. Odds of a Fed rate hike fell to 27.1% according to CME Group's FedWatch tool. Investors had also trimmed tech positions over AI overspending and a memory chip glut, while Anthropic reported $16.8 billion in third-quarter revenue, up about 45% from $11.6 billion in the second quarter, and adjusted profitability for a second straight quarter.
- Another Rate Hike Is Expected Before the End of 2026. Here's Why It Might Have a Much Bigger Impact on the Markets This Time
The Federal Reserve raised interest rates in September for the first time since 2023, yet many stocks kept rallying. According to the CME FedWatch Tool, the probability of another hike at the December meeting is up to 90%, versus 17% for the October meeting. Annualized CPI inflation rose to 3.7% in September from 3.4% the previous month, mainly driven by fuel oil and gasoline, up 74% and 34% year over year, both tied to the war in Iran. The article warns that Fed chair Kevin Warsh may aggressively target 2% inflation, and recalls that the S&P 500 fell more than 19% in 2022 as rates rose. The author suggests a balanced, diversified mix of stocks could help manage the uncertainty.
- Stock Market Today: Nasdaq Pares Loss As Yields Dive; Drug Giant Hits All-Time High (Live Coverage)
- Rate Hike Odds Tumble After Warsh Does Not Address October FOMC Meeting
Odds of a Fed rate hike at the October meeting fell to 13%, less than half their earlier level, after Chair Kevin Warsh did not address the meeting in his IMF speech in Bangkok. Goldman, citing Warsh's comments and those of other FOMC members, expects the Fed to pause in October but still anticipates a second and final hike in December. Odds of a December hike rose to new contract highs, while the Bloomberg Economics Federal Reserve Sentiment Index climbed to its highest level since 2023.
- Update: US Equity Futures Rise Pre-Bell as Traders Assess Declining Oil Prices, Await Fed Rate Decision This Week
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Latest news
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The Nasdaq plunged nearly 700 points in a single trading session as concerns about artificial intelligence spending rattled technology investors. One major Wall Street firm believes the correction could end after the 2026 midterm elections.
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