The consumer price index for September comes in hotter than expected.
CPI sends bond yields higher and puts some pressure on futures tied to the Dow , the S & P 500 and the Nasdaq . The Fed on Wednesday released minutes from its September meeting, saying interest rates will stay "restrictive" until inflation eases. Delta Air Lines lowers full-year earnings guidance and cut free cash flow estimate. But we knew that would happen due to rising fuel prices. The reported quarter beat on earnings and revenue, boosted by summer travel.
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