Categories: Business

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

By Noel Randewich Oct 14 (Reuters) – Hotter-than-expected inflation data sent the Nasdaq to a sharply lower close on Wednesday, with worries about more interest rate hikes from the Federal Reserve

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Norway's wealth fund set to overhaul ethical rules after US scrutiny

* Commission to publish review findings at 0700 GMT, Thursday * Finance minister says his…

54 seconds ago

BRIEF-Philex Mining Corporation Says On Oct 15 NCMB-CAR Shall Present The Settlement Agreement

Oct 15 (Reuters) - Philex Mining Corporation: * ON OCT 15, 2026, NCMB-CAR SHALL PRESENT…

5 minutes ago

Asian markets sell off as AI trades crumble after hot US CPI data

By Gregor Stuart Hunter SINGAPORE, Oct 15 (Reuters) - Markets started the day on the…

9 minutes ago

Japan to invest $21 billion in up to two GlobalFoundries chip factories in New York

By Stephen Nellis, David Shepardson and Makiko Yamazaki NEW YORK/WASHINGTON, Oct 14 (Reuters) - Japan…

10 minutes ago

BRIEF-Amaero Prices US IPO Of 4.7 Million Shares At $4.25 Per Share

Oct 15 (Reuters) - Amaero Ltd: * PRICES U.S. IPO OF 4.7 MILLION SHARES AT…

12 minutes ago

BRIEF-Treasury Wine Estates On Track To Realise Full A$100M P.A. Cost Reduction By F29

Oct 15 (Reuters) - Treasury Wine Estates Ltd: * ON TRACK TO REALISE FULL A$100M…

16 minutes ago