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Bill Ackman Just Said 4 Words Blasting the Fed's Latest Rate Hike: "Just Made a Mistake." Here's Why He Thinks Higher Rates Could Backfire on AI-Driven Inflation.

Key PointsThe Federal Reserve just raised interest rates for the first time since 2023.

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Nasdaq 100 Movers: CEG, HONIV

In early trading on Wednesday, shares of Honeywell International topped the list of the day's best performing components of the Nasdaq 100 index, trading up 7.5%.

S&P 500 Movers: CEG, HPE

In early trading on Wednesday, shares of Hewlett Packard Enterprise topped the list of the day's best performing components of the S&P 500 index, trading up 7.7%.

EIA Reports Crude Build as Diesel Stocks Fall 14% Below Average

Crude oil inventories in the United States saw an increase of 900,000 barrels during the week ending September 25, according to new data from the U.S.

  • Crude oil inventories rose by 900,000 barrels to 427.3 million barrels
  • Distillate stocks fell 14% below five-year average
  • Total products supplied increased 2.1% year-over-year

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