Dow Jones rises 0.3%, Nasdaq falls 0.6%
2026-10-14 22:26:47
According to CoinMeta, on October 14th, the Dow Jones Industrial Average rose by about 0.3%, while the Nasdaq Composite Index fell by 0.6%, and the S&P 500 Index declined by 0.4%. This phenomenon reflects the divergence in the U.S. stock market following the release of the latest inflation report. In September, the Consumer Price Index rose by 3.7% year-on-year, exceeding economists' expectations of 3.6%. This data has intensified market concerns about the Federal Reserve possibly raising interest rates again, especially in the tech sector, as investors re-evaluate borrowing costs and corporate profit prospects. The Dow Jones Index tracks 30 mature companies and uses a price-weighted method, whereas Nasdaq has a greater exposure to tech and growth companies. As Treasury yields rise, investors' discount rates for future corporate profits have increased, putting more pressure on Nasdaq.
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Source:Coinpaper
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