US September CPI Tops Forecasts, CoreWeave Shares Drop Over 15%
US September CPI rose 0.6% month over month and 3.7% year over year, while core CPI gained 0.3% and 2.6%, topping estimates. The Nasdaq fell 1.88% and the Philadelphia Semiconductor Index dropped 4.30% for a sixth straight loss. CoreWeave shares plunged over 15% as its 2032 bond yield topped 15%. Apple rose 0.50% to $342.96 and closed above $5 trillion in market value for the first time.
