{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/692d7130635c16d6404362d8/6abd847d205819f3d7ee95e2?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Why Cooler Inflation Failed to Lift US Stocks","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/692d7130635c16d6404362d8/1790803950724-5a7949fe-b684-46b8-96a8-62ec4afe8e15.jpeg?height=200","description":"<p>On today&#39;s episode of Market Brief – After Hours, cooler inflation delivers good news, but US stocks struggle to hold their gains. Headline PCE inflation slows to 3.4% and core inflation eases to 3%, yet stronger spending, an upward GDP revision and better-than-expected private hiring keep the higher-for-longer debate alive. The S&amp;P 500 reverses its early advance, the Dow loses 444 points and Treasury yields climb, while the Nasdaq finishes higher.</p><p>We review September and third-quarter returns, rising inflation across Europe and a mixed Asian session led by Japan&#39;s rally. Plus, Brent closes a month of gains exceeding 14%, gold and silver retreat, and we analyse EUR/USD, GBP/USD and USD/CAD. Corporate highlights include Micron&#39;s earnings beat, gains for Rogers and FormFactor, and sharp declines in Jabil and Moderna.</p>","author_name":"Arshia Hadidi"}