Indicates the type of a location. Location Type Defined by CCTVPLUS Indicates the role that a specific instance of a description takes among all descriptions. Description Role Defined by CCTVPLUS The role in the overall content stream. Part Role Indicates a kind of content rendition. Content Rendition Defined by CCTVPLUS CCTV Newscontent Co.,Ltd. CCTV Newscontent Co.,Ltd. All Rights Reserved. No access Chinese mainland CCTV Newscontent www.cctvplus.com +86-10-83949886 +86-10-63978447 contact@cctvplus.com 2026-10-15T10:53:11Z 2026-10-15T10:53:11Z 2026-10-15 2014-11-06T09:22:45Z China Central Television United States Markets Oct 15, 2026/File USA-Stocks U.S. stocks close drop as hot CPI revives Fed rate-hike bets U.S. stocks closed lower on Wednesday after a hotter-than-expected September inflation reading revived bets on further Federal Reserve rate hikes. The Dow Jones Industrial Average lost 48.62 points, or 0.09 percent, to 51,621.48. The S and P 500 fell 86.51 points, or 1.11 percent, to 7,718.94, its first decline of at least 1 percent in more than 50 trading days. The Nasdaq Composite decreased 511.51 points, or 1.88 percent, to 26,692.87. Three of the 11 primary S and P 500 sectors finished higher as investors rotated into defensive names. Health Care rose 2.44 percent and Consumer Staples added 2.38 percent, while Energy edged up 0.8 percent. Technology led declines with a 2.62 percent drop, followed by Communication Services down 1.73 percent. The U.S. consumer price index (CPI) grew 0.6 percent month on month and 3.7 percent year on year in September, up from 0.4 percent and 3.4 percent in August, respectively, according to data released by the U.S. Bureau of Labor Statistics on Wednesday. U.S. Treasury yields were whipsawed by the inflation data. The benchmark 10-year yield spiked above 5.32 percent after the CPI report but later eased to 5.186 percent, ending lower on the day as investors fled to safer assets. Oil prices gained ground amid Middle East supply concerns. West Texas Intermediate settled at 95 U.S. dollars a barrel, up 1.01 percent, while Brent crude settled at 106.06 dollars, up 0.35 percent. On the corporate front, Bank of America tumbled 4.76 percent after its profit disappointed, even excluding a 1.2-billion-dollar regulatory fine. Morgan Stanley also declined despite beating estimates, while BlackRock gained after reporting record assets. AI-linked names were hit hard as fears of higher rates mounted, with Oracle, CoreWeave, Nebius, Marvell and Advanced Micro Devices all tumbling. The Philadelphia Semiconductor Index fell 4.3 percent for a sixth straight session. According to CME FedWatch, traders are pricing in a 37 percent chance of a Fed hike at the Oct. 28 meeting, up from 22 percent on Tuesday, with about a 91 percent chance of at least one hike by December. Nats/Part Mute USA - Oct 15, 2026 (CCTV Video News Agency - No access Chinese mainland) 1. Graphic showing changes of U.S. stocks indexes FILE: New York City, New York, USA - Aug 25, 2026 (CCTV Video News Agency - No access Chinese mainland) 2. Various of New York Stock Exchange (NYSE) building, NYSE flags FILE: New York City, New York, USA - Nov 2022 (CGTN - No access Chinese mainland) 3. Various of NYSE trading floor, staff members, screens showing stock information FILE: Washington D.C., USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland) 4. Various of U.S. Treasury Building 5. U.S. Department of Treasury seal on building exterior FILE: Miami, Florida, USA - 2025 (CGTN - No access Chinese mainland) 6. Various of consumers in supermarket FILE: Boston, USA - April 7, 2025 (CCTV - No access Chinese mainland) 7. Supermarket goods at cashier FILE: USA - Date Unknown (CCTV - No access Chinese mainland) 8. Various of land drilling rig in operation FILE: Beijing, China - 2020 (CGTN - No access Chinese mainland) 9. Sign of Oracle FILE: New York City, New York, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland) 10. Various of traffic