Looks like CPI came in hotter than expected meaning prices for goods and services increased in September. It can get ugly today ! The Consumer Price Index (CPI) is a measurement of how much the average price of a basket of consumer goods and services has changed over time. It's the most well-known indicator of inflation, and it shows how inflation affects consumers' everyday living expenses. https://www.cnbc.com/2024/10/09/stock-market-today-live-updates.html