Inflation is climbing again: consumer prices are up 3.7% a year, gas costs $4.33 a gallon versus $3.06 a year ago, and oil is above $100 a barrel, even as the S&P 500 is up 12.3% this year. Consumer names such as Nike, down 40%, McDonald's, down 19%, and Tesla, down 18%, have fallen, and homebuilders are down 11%. Energy and metals have gained, with Exxon and Chevron each up 51% and Nucor up 61%. Tech, up 29%, is carrying the index, and the article warns that if inflation spreads and the AI giants fall, the broader market could follow.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
inflationoil pricesfuel pricesS&P 500
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/19/2026 | 766.48 |
| Change that session | +0.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Inflation Rose to 3.7% in September. Is It Time to Sell the S&P 500?
Consumer prices rose 3.7% over the 12 months through September, up from 3.4% in August, with gasoline accounting for much of the jump. On the day of the report, the S&P 500 fell about 1.1% to near 7,719. Using data since 1950, the author found the index rose the following year in about 69% of months when inflation was at 3.5% or higher, with an average gain of roughly 7%, versus about 79% and 11% after readings below 3%. Most of the 337 high-inflation months fell in the 1970s and 1980s, and outcomes depended heavily on timing. The author argues this record does not justify selling an index fund for a long-term holder, but expected gains should be lower.
- Inflation Rose to 3 . 7 % in September . Is It Time to Sell the S & P 500 ?
The consumer price index rose 3.7% over the 12 months through September, up from 3.4% in August, with gasoline prices jumping 9.1% in the month and accounting for over half the increase. Excluding food and energy, prices were up 2.6% from a year earlier. Looking at data since 1950, the author found the S&P 500 rose in about 69% of the 12-month periods following readings of 3.5% or higher, with an average gain of roughly 7%, versus about 79% and 11% when inflation was below 3%. Most of those high-inflation readings came in the 1970s and 1980s, and outcomes depended heavily on timing. Concluding that the record does not justify selling an index fund, the author says he would keep holding but would not expect gains as large as in low-inflation periods.
- Inflation Rose to 3 . 7 % in September . Is It Time to Sell the S & P 500 ?
On Wednesday, Oct. 14, the Bureau of Labor Statistics said consumer prices rose 3.7% over the 12 months through September, up from 3.4% in August, with gasoline up 9.1% in September alone; core inflation was 2.6%, and the S&P 500 slid about 1.1% that day to near 7,719. Using monthly data since 1950, the author finds the index usually kept rising a year after inflation readings of 3.5% or higher, though with smaller average gains of about 7% versus about 11% when inflation was below 3%. Around 6 in 10 of those hot months came in the 1970s and 1980s, and timing mattered: the index was lower a year after every reading from April 2021 through February 2022, but rose after readings near the June 2022 peak. The author says a 3.7% reading alone does not justify selling an S&P 500 index fund for long-term holders, though investors should expect smaller gains.
- Inflation Rose to 3.7% in September. Is It Time to Sell the S&P 500?
US consumer prices rose 3.7% in the 12 months through September, up from 3.4% in August, with gasoline up 9.1% in the month and accounting for over half the monthly increase, while core inflation was 2.6%. The S&P 500 fell about 1.1% that day to near 7,719. Using monthly data since 1950, the author found that the index rose 12 months later in about 69% of the 337 months when inflation was at least 3.5%, averaging about 7% gains, versus about 79% and 11% after the 480 months with inflation below 3%. Gains were smaller after hot inflation readings, though the index still rose more often than not. The author argues that this record does not justify selling an index fund over a 3.7% reading, while expecting smaller returns than in tamer periods.
- US inflation heats up as gasoline prices surge in September
- Global oil prices hit highest level in 5 months amid attacks on ships , facilities
Brent crude futures topped $111 a barrel for the first time since May after Iran and its Houthi allies claimed attacks on Middle East oil infrastructure, before retreating to $110.30. That is up more than 55% since the Iran war began in late February, while U.S. WTI crude rose to $105.75, up more than 60%. Houthi militants claimed strikes on Saudi Arabia, including the Shaybah oil field and Saudi Aramco facilities in Yanbu, and the IRGC claimed two tankers hit naval mines south of the Strait of Hormuz. U.S. gasoline averaged $4.27 a gallon, nearly $1.30 higher since late February, with affordability a top voter concern before the early November midterms. The tentative U.S.-Iran accord expired in August, and the article notes the conflict had earlier pushed U.S. inflation to a three-year high in May.
Related markets
Latest news
- Musk's wants to merge SpaceX and Tesla: Here's what to know
Musk said SpaceX and Tesla have formed special committees to study a merger, which would be worth about $3.5 trillion combined and would be the largest corporate deal in history. SpaceX, valued at about $2 trillion after a record listing this year, absorbed Musk's AI startup xAI in February, while Tesla is valued at about $1.5 trillion. Musk holds about 82 percent of SpaceX's voting power but only about 20 percent at Tesla. Dan Ives puts the odds of a deal at 90 percent by early 2027, though Musk called the requirement of a majority of all Tesla shares 'quite a high hurdle'. Loyal retail investors hold an estimated 25 to 27 percent of Tesla shares, and legal obstacles appear slight because both companies moved their incorporation to Texas from Delaware.
- CoreWeave and Nebius Stocks Are Crashing. Time to Buy the Dip?
Shares of Nebius and CoreWeave each fell 25% in the week of October 12 to 16. The sell-off stems from the yield on CoreWeave's debt in the secondary market surging to 15%, versus roughly 5% on Treasuries, which pushes the debt into 'distressed' territory and signals doubts about its ability to meet obligations. Nebius sold off in sympathy as a fellow neocloud company. The bigger concern is that both companies must keep issuing debt to fund data centers, and if yields are high at issuance, the assumption of nearly unlimited cheap capital could be challenged. The author says it is unclear whether now is the time to buy.
- Disney’s multiplatform Super Bowl plan frustrates ABC affiliates
ABC station owners are irritated that Disney is airing the Super Bowl across several platforms, including Disney+, ESPN2, NFL Network and ESPNU, even though the game is already on ABC and ESPN. A station group CEO estimates that the combined platforms could cut broadcast ad revenue by up to 35% compared with last year. Local affiliates typically earn about 3% of annual ad revenue from the Super Bowl and pay network owners reverse retransmission fees, but Disney+ lacks geofenced ad insertion, so affiliates cannot sell ads to streaming viewers. Disney says national commercials will be identical on all platforms and that streaming major live events is standard industry practice. Super Bowl LX drew 125.6 million viewers in February.
- Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
Meta says Mark Zuckerberg will remain in California for eight years and has created a new stock plan that could help cover his taxes if Proposition 40, a 5% tax on Californians worth over $1 billion, passes on Election Day on Nov. 3. According to a filing released with its third-quarter earnings, Meta will issue non-voting Class C shares starting in January, and Zuckerberg can sell or transfer up to 20% of the shares granted to him without affecting his majority voting control. The filing says Zuckerberg’s leadership is crucial to the company’s growth and its AI ambitions, including Meta Superintelligence Labs. Most of the tech industry opposes the measure, while a recent Citrin-Politico poll found 46% in favor and 43% against, suggesting it may fall short of the majority support it needs.
- Nasdaq sell-off: A momentum unwind 'for the record books'
Matt Stucky, chief portfolio manager for equities at Northwestern Mutual Wealth Management, calls Thursday’s sell-off in the Nasdaq Composite (^IXIC) a momentum unwind “for the record books.” He says the market spent the first half of 2026 driven by a beta and momentum trade led by semiconductors, but in the third quarter, as rates rose, money shifted into quality stocks. He does not think the sell-off is justified by fundamentals, arguing that institutional portfolio managers swapping out of factor positions can drag down whole baskets of stocks. In semiconductors, spot rental rates for Nvidia Blackwell chips are higher than a month ago, showing tightening compute supply, even as financing costs rise and investors worry about neocloud business models and the rising cost of insuring their bonds.
- Dune launches real-time data feeds covering 200 onchain trading venues
Blockchain analytics platform Dune has launched real-time market data feeds covering more than 200 onchain trading venues, aiming to bring this data into the systems of traditional financial institutions. The feeds draw trade data from 12 blockchains, including Ethereum, Solana and Base, about one second after execution, covering both spot trading on decentralized exchanges and perpetual futures on Hyperliquid and Lighter. Early clients include quant funds, market makers, asset managers and bank trading desks, which use the data to assess liquidity and compare prices, though Dune did not name them. Meanwhile, the tokenized stock market has grown sharply, with distributed value reaching $3.58 billion, but 16 companies, including Microsoft, Alphabet and Goldman Sachs, have objected to their shares being traded on OKXICE’s proposed platform, and liquidity remains fragmented.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.