Pre-Market Report – Thursday 15 October: US markets stumble - CoreWeave falls hard - SPI down 18 - Gold eases - US CPI rises

The S&P 500 pulled back on Wednesday, pressured by losses in the artificial intelligence trade, as investors reacted to hotter-than-expected September consumer inflation data. The broad market index fell 1.11% to end at 7,718.94, while the Nasdaq Composite shed 1.88% to close at 26,692.87. The Dow Jones Industrial Average declined 48.62 points, or 0.09%, to 51,621.48. Gains in key healthcare stocks such as UnitedHealth and Amgen kept the 30-stock index’s losses in check. The consumer price index rose 0.6% in September month over month, with its year-over-year gain coming in at 3.7%. While the former was in line with expectations, the latter was hotter than expected, as economists polled by Dow Jones had anticipated a 3.6% advance on the year. Excluding food and energy prices, core CPI posted a monthly and yearly advance of 0.3% and 2.6%, respectively. Both were also slightly higher than the increase of 0.2% and 2.5% that economists had expected. SPI down 18 - Gold eases - BOQ results - TWE update **Marcus Today – Daily Market Insights** Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. If you'd like to go further: **Start a free 14-day trial of Marcus Today** http://bit.ly/mt-trial-podcast **Join Marcus Today** Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer **MT20 – Managed ETF Portfolio** A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcast **Principles – How We Think About Investing** A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast — **Disclaimer** This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.