U.S. CPI exceeds expectations, with all three major stock indexes weakening, while some popular Chinese concept stocks rise

Wallstreetcn
2024.10.10 13:32

The US September CPI data exceeded expectations, indicating a halt in the recent inflation decline process. The Nasdaq fell by 0.49% at the opening, the S&P 500 index dropped by 0.29%, and the Dow Jones fell by 0.20%; some popular Chinese concept stocks rose, with Alibaba up by 0.9%, XPeng up by over 2%, and Trip.com up by over 4%. Delta Air Lines fell by 1.3% at the opening, with the company's third-quarter financial report falling short of expectations

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