The S&P 500 Index ($SPX) (SPY) today is down by -0.32%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.37%.
Stocks today are moderately lower after US Sep consumer prices rose more than expected. Also, signs of a weakening labor market are weighing on stocks after US weekly unemployment claims rose more than expected to a 14-month high. However, the jobless claims data may be skewed due to Hurricane Helene, which caused a surge in claims in North Carolina and Florida.
