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Oct 14 close · CNBC
The Nasdaq fell 1.88% while the Dow held nearly flat
Wednesday, October 14: percent change
U.S. index closes
Dow Jones · close 51,621.48−0.09%
S&P 500 · close 7,718.94−1.11%
Nasdaq Composite · close 26,692.87−1.88%
Our view: Persistent inflation, high oil prices and worries about AI debt weighed on technology shares more than on the Dow. Moves driven by one sector's worries can reverse quickly.
Full story
On Wednesday the S&P 500 fell 1.11% to close at 7,718.94 and the Nasdaq Composite dropped 1.88% to 26,692.87, while the Dow Jones Industrial Average slipped 48.62 points, or 0.09%, to 51,621.48. The session came after a hotter-than-expected consumer price report, with CoreWeave down 16% on worries about AI borrowing and U.S. crude above $95 a barrel. During the session, ExxonMobil, Chevron and ConocoPhillips hit record highs.
Read the source →This is a summary of the news, not investment advice. Markets move, and past moves do not predict the next one.
If you run one of these
Real estate: Google Play now runs private apps you build yourself, so a simple showing checklist or open-house sign-in app no longer needs a developer or a store listing.
Investment trackers: Wholesale prices rose 6.3% against 5.5% expected, a day after a hot consumer price report, worth flagging in any view that assumes inflation is cooling.
Family offices: Amex's approach, a written budget and an approval before an agent can pay, is a good model for any agent you let near an account.
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