{
  "id": 19389779,
  "title": "Live: Wall Street retreats as hot inflation shortens odds of a rate hike, ASX set to slide",
  "url": "https://urgent.news/2026/11/10/live-wall-street-retreats-as-hot-inflation-shortens-odds-of-a-rate",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T20:11:41.000Z",
  "source": {
    "name": "ABC News AU",
    "slug": "abc-news-au",
    "url": "https://www.abc.net.au/news/2026-11-11/asx-markets-business-live-news-nov-11/107370848"
  },
  "original_language": "en",
  "account": "The stock market experienced a retreat overnight due to inflation figures that exceeded expectations, making it highly probable that the Federal Reserve would raise interest rates again in the upcoming month. Similarly, the Australian Securities Exchange (ASX) is anticipated to lose a significant portion of its gains from the previous day. Futures trading indicates a potential 0.5% decrease at the opening bell, which is scheduled for 7:00am AEDT. The market action is set to commence, and our team of business reporters will provide comprehensive coverage of the day's financial developments through our live blog. Please note that this blog is intended solely for informational purposes and should not be taken as financial advice.",
  "summary": "Wall Street hit the brakes as higher-than-expected inflation looks to have cemented a December rate hike, while the ASX is priced to slide as well. Follow the day's events and insights from our business reporters on the ABC News live markets blog.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Wall St falls as hot inflation data fuels rate-hike jitters",
        "url": "https://urgent.news/2026/11/10/wall-st-falls-as-hot-inflation-data-fuels-rate-hike-jitters",
        "published": "2026-11-10T15:24:42.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Wall St falls as hot inflation data fuels rate-hike jitters",
        "url": "https://urgent.news/2026/11/10/wall-st-falls-as-hot-inflation-data-fuels-rate-hike-jitters-19367397",
        "published": "2026-11-10T17:37:03.000Z"
      }
    ]
  },
  "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."
}