📰 ET Markets 🔴 BEARISH 🕒 15 Oct 2026, 01:46 AM IST

US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

⚡ Instant Key Takeaways (TL;DR)

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Core Development: US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

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Market & Financial Impact: US inflation data for September shows an unexpected rise due to increased gasoline costs and broader price pressures. As a result, the Nasdaq index closed sharply lower, influenced by concerns over potential interest rate hikes. Major AI-related stocks, including Oracle and CoreWeave, experienced significant declines following the inflation report. In financial news, Bank of America reported a decrease in profits due to regulatory costs.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

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