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Benzinga
Benzinga
Politics
Adam Eckert

'We Remain Open To Negotiations': Did Kremlin Comments Trigger Market Reversal Thursday After Hot CPI Data Sparked Steep Selloff?

Kremlin Dmitry Peskov Labor Department US Federal Reserve Russia Committee Inflation Ukraine

Many were surprised to see the markets turn positive on Thursday after the Labor Department reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE:SPY) tumbling lower in premarket trading. But Thursday's hot CPI data may not be the only thing moving markets. 

What To Know: According to a Reuters report, Russia's military operation goals in Ukraine could be achieved through negotiations.

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