{
  "id": 14493241,
  "title": "Stock Market Midday, Oct. 14: Hot Inflation Weighs on Markets, CoreWeave Plummets 15%",
  "url": "https://urgent.news/2026/10/14/stock-market-midday-oct-14-hot-inflation-weighs-on-markets-coreweave",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T16:27:53.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/stock-market-today/2026/10/14/stock-market-midday-oct-14-hot-inflation-weighs-on-markets-coreweave-plummets-15/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "At 11:38 AM ET, market sentiment took a hit as the S&P 500 index fell 0.91% to 7,734 points, while the Nasdaq Composite dropped 1.31% to 26,840 points and the Dow Jones slipped 0.09% to 51,620 points. The inflation data weighed heavily on investor confidence, causing gold prices to drop 1.79% to $4,083.51, and the 10-Year Treasury yield to rise 2 basis points to 5.24%. The healthcare sector saw the biggest gains among the affected sectors, while basic materials and technology stocks experienced significant declines.\n\nBank of America's stock plummeted more than 6% after a regulatory fine of $1.2 billion hit its profits. CoreWeave, a technology company, saw its shares plummet 15% following a social media post that revealed its bond yield had hit 15%. This caused concern among investors who worried about rising borrowing costs.\n\nIn a positive turn, GlobalFoundries gained ground after being chosen as the technology provider and operator for a U.S.-Japan semiconductor initiative, receiving up to $21 billion in funding. Eli Lilly also climbed higher as it continued to show strength amid the broader market volatility.\n\nThe Consumer Price Index rose 3.7% in September, surpassing expectations and reigniting fears of further Federal Reserve rate hikes. Gasoline prices are now 34% higher than a year ago, adding to the pressure on consumer living costs. The semiconductor sector continues to struggle, with the PHLX Semiconductor index falling over 10% in the past five days. Factors such as Chinese competition concerns, high valuations, and uncertainty about the future of the AI market have fueled this sell-off. Despite these challenges, investors may find reassurance in upcoming earnings reports from key players in the sector.",
  "summary": "On Oct. 14, 2026, a hotter-than-expected CPI report pressures growth stocks and the semiconductor selloff continues.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Stock Market Midday, Oct. 14: Hot Inflation Weighs on Markets, CoreWeave Plummets 15%",
        "url": "https://urgent.news/2026/10/14/stock-market-midday-oct-14-hot-inflation-weighs-on-markets-coreweave-14494405",
        "published": "2026-10-14T16:47:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}