US Stock Market Opens Lower as September CPI Exceeds Expectations

According to BlockBeats, on October 10, the U.S. stock market opened with declines across major indices. The Dow Jones Industrial Average fell by 60 points, the S&P 500 Index decreased by 0.28%, and the Nasdaq Composite Index dropped by 0.5%. This downturn follows the release of the September Consumer Price Index (CPI) data, which showed an annual rate higher than market expectations.