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Stocks Slide as Hot Inflation Print Bolsters Case for December Fed Hike
Core CPI rises 0.3% in September, above expectations; tech-heavy Nasdaq drops nearly 2% while crypto markets shed 3–6% on macro risk-off.
By Mo Rawaha
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Core CPI rises 0.3% in September, above expectations; tech-heavy Nasdaq drops nearly 2% while crypto markets shed 3–6% on macro risk-off.
U.S. equities mixed, crude at six-week highs on Gulf strikes, crypto slides; traders brace for inflation data that could seal September rate increase.