Wall Street stocks fall on hot inflation data, AI sell-off

AI-generated briefing · First published 2026-10-15 17:10:23 UTC

U.S. stocks slid after hotter-than-expected inflation data raised odds of a Fed rate hike, hitting AI shares hardest.

The S&P 500 fell 1.1 percent to 7,718 points, its steepest drop since July 29, while the Nasdaq dropped 1.9 percent to 26,692 points, its biggest daily decline since July 23. The Dow Jones Industrial Average slipped 0.1 percent to 51,621 points. [1] [2] [3]

Core CPI rose 0.3 percent in September, above forecasts, and 2.6 percent year-over-year. Traders now price a 37 percent chance of a rate hike this month, up from 22 percent on Tuesday. [3]

AI stocks hit hardest

• Oracle fell 8.8 percent; CoreWeave and Nebius dropped 15 percent and 10 percent. [3]
• Dell and Hewlett Packard Enterprise sank 11.4 percent and 8.2 percent. [3]

Sources

1. Stocks Tumble as Concerns Over Inflation and A.I. Investments Grow

   NY Times · 2026-10-14 21:30:57 UTC · Summary only

2. U.S. Stocks Fall on Hot Inflation Report, AI Sell-Off

   WSJ Markets · 2026-10-14 21:32:00 UTC · Summary only

3. Wall Street stocks fall after hot inflation data

   RTHK Finance · 2026-10-14 23:04:24 UTC · Excerpt

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