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Wall Street stocks fell Wednesday following a hotter-than-expected US inflation reading, with the Nasdaq particularly hit due to weakeness in leading artificial intelligence equities.The consumer price index was up more than analysts expected in September, rising 3.7 percent on a year-on-year basis, a marked increase…
MSCI Asia-Pacific shares outside Japan fall 1.2%, led by KOSPI's 5.6% plunge
Chinese stocks tumbled as hotter-than-expected US inflation data revived concerns over prolonged high interest rates. Technology shares led losses across mainland China and Hong Kong markets as investors reassessed the outlook for US monetary policy and risk-sensitive assets.
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Street in Manhattan, New York
Wall Street is a street in the Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway in the west and South Street and the East River in the east with a length of just under 2,000 feet. The term "Wall Street" has become a metonym for the New York Stock Exchange (NYSE) and its reports of NYSE-listed companies, financial markets of the United States, American financial services industry, New York-based financial interests, or the Financial District.
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