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Hot Inflation Report Sends Stocks Lower, CoreWeave Slides 15%

Original: Stock Market Midday, Oct. 14: Hot Inflation Weighs on Markets, CoreWeave Plummets 15%

Markets fell in midday trading on Oct. 14 after a hotter-than-expected inflation report raised concerns that interest rates may stay higher for longer, dampening hopes of near-term rate cuts. AI infrastructure firm CoreWeave was among the hardest hit, plunging roughly 15% and drawing attention to how sensitive high-growth tech names are to shifting rate expectations.

Why now: The inflation data and CoreWeave's sharp drop give investors fresh reasons to worry about rate policy and stretched tech valuations.

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Evidence

• Stock Market Midday, Oct. 14: Hot Inflation Weighs on Markets, CoreWeave Plummets 15% · The Motley Fool

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