Wall Street slides as hot CPI data fuels rate-hike bets; chips, banks weigh

Wall Street's main indices edged lower on Wednesday after a hotter-than-expected inflation report boosted bets of an interest rate hike this month, while investors parsed more big bank earnings.

Oct 15, 2026 - 00:00
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Wall Street slides as hot CPI data fuels rate-hike bets; chips, banks weigh
Wall Street's main indices edged lower on Wednesday after a hotter-than-expected inflation report boosted bets of an interest rate hike this month, while investors parsed more big bank earnings.

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