Inflation Runs Hot: October CPI +0.4%, Nasdaq ETF Slides Premarket

Описание: Inflation came in hotter than expected. The U.S. consumer price index rose a seasonally adjusted 0.4% in October 2026, the Bureau of Labor Statistics reported Tuesday, Nov. 10, above the 0.3% economists expected. Core CPI, which excludes food and energy, rose 0.3% versus a 0.2% forecast.

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Food prices rose 0.5%, with beef up 0.9% and snacks up 1.0%. Shelter rose 0.3% and accounted for more than 30% of the monthly increase. Energy rose 0.7%. The BLS did not publish a year-over-year inflation rate this month because last year's government shutdown left no October 2025 comparison data.

Treasury yields jumped after the release, and traders fully priced in a quarter-point Fed rate hike at the Dec. 8–9 meeting, per CME FedWatch as reported by CNBC. The Fed's benchmark rate currently sits at 3.75%–4%.

Before the opening bell, the Nasdaq-100 ETF (QQQ) traded about 1.2% lower ($671.07 vs. its $679.35 Monday close), the weakest of the big index ETFs; the S&P 500 ETF (SPY) was about 0.6% lower ($748.03 vs. $752.69) and the Dow ETF (DIA) about 0.2% lower, per Robinhood quotes at 8:58 a.m. ET. Premarket prices are thin and can change by the open.

Not financial advice. For information and education only.

#inflation #cpi #federalreserve #interestrates #stockmarket #nasdaq #sp500 #economy #MoneyInMotion #shorts

Sources:
U.S. Bureau of Labor Statistics — Consumer Price Index, October 2026 (released Nov. 10, 2026, 8:30 a.m. ET)

CNBC — Consumer prices rose 0.4% in October, more than expected, complicating Fed's inflation fight (Nov. 10, 2026)

CBS News — Inflation remained elevated in October, CPI report shows (Nov. 10, 2026)

Schwab Network — U.S. Stock Futures Mixed Ahead of CPI (Nov. 10, 2026)

Robinhood — QQQ and SPY premarket quotes vs. Nov. 9 official close (accessed Nov. 10, 2026, 8:58 a.m. ET)