English Title:
Stock market today: Hot inflation report drops tech, drives S&P 500, Dow and Nasdaq down

中文标题：
今天的股市:热通胀报告 技术下降,驱动S&P 500,道和纳斯达克下降

English Content:
Stocks declined Wednesday as investors digested hotter-than-expected inflation data, and bank earnings continued to roll in. The Dow Jones Industrial Average (^DJI) slipped 0.1% while the S&P 500 (^GSPC) declined 1%. The Nasdaq Composite (^IXIC) fell 1.9%. September's Consumer Price Index (CPI) rose 3.7% year over year, versus 3.6% expected by economists. Higher gas and energy prices drove inflation higher, lowering the odds that the Federal Reserve will hold rates steady at its next policy meeting. Semiconductor stocks continued to sell off after the KOSPI index (^KS11) declined 12% over the past five days. Chip equipment maker ASML (ASML) on Wednesday posted record third quarter sales and raised its full-year outlook amid strong AI demand. Investors await Taiwan Semiconductor earnings on Thursday (TSM) for further confirmation of the AI boom. Elsewhere, the parade of financial company earnings continued with results from Bank of America (BAC) and Morgan Stanley (MS). Bank of America stock sank close down 5% as a $1.2 billion regulatory penalty weighed on earnings. Meanwhile, BlackRock (BLK) shares rose after third quarter earnings beat analyst expectations. The results round out third quarter reporting among Wall Street's biggest banks, which have indicated consumers are holding up despite higher interest rates, among other signals. Separately, Apple's (AAPL) market capitalization once again crossed the $5 trillion mark in intraday trading, just months after it first touched the threshold in late July. Brent crude futures (BZ=F), the global benchmark, remained above $105 per barrel as Houthis continued to bomb Saudi Arabian energy facilities. - Larry Fink wants BlackRock at center of a new AI chip marketBlackRock CEO Larry Fink wants his firm at the center of a new AI chip financing market, likening the opportunity to the rise of mortgage-backed securities in the 1980s during the Wall Street giant's Wednesday earnings call. "In the early 1980s, mortgages were loans sitting on bank's balance sheets, [ illiquid ] and hard to price. Fannie Mae and Freddie Mac began cooling them, but that alone didn't make them tradable. What made them tradable was data, years of performance history and understanding of how the performance would move with interest rates and with the changes of the broader economy. Once investors had a trusted time series of data, issuers had a standard to build against and the market opened up for a much bigger group of investors. That combination took the MBS market from a few billion dollars when I started to the trillions of dollars it is today," Fink said. "Compute capacity is now following a similar path, and we intend at BlackRock to be the center of it as we were then in the beginnings of the mortgage-backed securities market," Fink said. The New York based asset manager earlier Wednesday reported better-than-expected results. - In midterms, energy — and therefore the AI boom — is on the ballot, analyst saysOne of the AI build-out's most critical bottlenecks is on the ballot this year: energy, and the ability for data centers to get the power they need. That's according to Melius Research managing director James West, who noted to clients on Wednesday that just as the wars in Iran and Ukraine have sent fuel prices surging, data center energy demand has spiked. The combination of those two factors is driving up US ratepayers' energy bills. "Energy is driving the affordability debate," West wrote. "We expect affordability to keep political tension elevated past November, with large-load cost allocation in PJM a policy risk." In a midterm cycle set to likely flip control of at least one house of Congress — meaning there will be some contentious races — six of the seven Senate toss-up states already were faced with an above-average "home energy burden" before the advent of the war in Iran and this year's data center boom, West noted. At the same time, the EIA is projecting that PJM, the largest grid provider in the country, will see wholesale prices jump by 41% this year, while US pump prices on gasoline and diesel are sitting at or near all-time highs. All of that has put affordability — and therefore energy and, by extension, the power behind the AI boom — front and center for midterm elections less than one month away. - Netflix stock loses gains after report of job cuts, FIFA dealNetflix (NFLX) stock lost early gains on Wednesday, following a Wall Street Journal report that the streaming giant was cutting roughly 6% of its workforce. The cuts are expected to be in product, tech, legal, and Human Resources, according to an email from co-CEOs Greg Peters and Ted Sarandos, cited by Bloomberg. On Tuesday, the streaming giant announced it had secured the exclusive rights in Spain and Andorra to the FIFA World Cup 203, bringing all 104 soccer matches live to Netflix. Netflix stock has lagged this year, tumbling 25% since the beginning of 2026. The company, which made a bid to purchase Warner Bros (WBD), withdrew the offer after Paramount's Skydance (SKYD) offered more money for the media giant. - Stocks mixed after hot inflation dataThe Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) declined after hotter-than-expected September inflation data. Thge Dow Jones Industrial Average (^DJI) rose 0.2% while tech stocks declined as the 10-year Treasury yield gained after prices increased 3.7% on an annualized basis in September, higher than the 3.6% expected by economists. 51,621.48 -48.62 (-0.09%)At close: October 14 at 4:36:17 PM EDT^DJI ^IXIC ^GSPC - Consumer Price Index comes in hotter than expected for SeptemberSeptember's Consumer Price Index (CPI) came in at 3.7% versus 3.6% expected by economists. Month-over-month prices rose 0.6%, in line with expectations. Core CPI, which strips out food and energy costs, rose 2.6% as compared to estimates of 2.5%. Economists anticipated that higher gas and energy prices would drive inflation higher in September. A hotter-than-expected inflation print could put an October Fed rate hike back in play, experts cautioned. Roughly 78% of investors expect the Fed to hold rates steady at its upcoming meeting, according to CME FedWatch. - Bank of America Q3 profit tumbles 17% as deals, trading revenue fallYahoo Finance's David Hollerith reports: Bank of America said Wednesday that its third quarter profit fell 17% from a year earlier as $1.2 billion regulatory penalty and a slowdown in its Wall Street machine dented higher lending income. Bank of America's (BAC) stock fell more than 3% in premarket trading. The nation's second biggest bank reported Q3 net income of $6.93 billion, or $0.91 per share, compared with the $1.10 per share analysts expected. "Excluding the regulatory penalty, Bank of America said it earned $8.1 billion, or $1.08 per share, with adjusted earnings per share rising 4% from a year earlier. Revenue rose 3% to $30 billion, compared with expectations of roughly $30.6 billion. Read more here.

中文正文：
由于投资者吸收了比预期更热的通货膨胀数据,而银行收入继续上升,因此,星期三的股票下降。 Dow Jones工业平均值(^DJI)下跌0.1%,S&P 500(^GSPC)下降1%. 纳斯达克复合剂(^IXIC)下降1.9%. 9月的消费物价指数(CPI)逐年上升3.7%,而经济学家预期上升3.6%. 天然气和能源价格上涨导致通货膨胀上升,降低了联邦储备局在下一次政策会议上稳定维持汇率的几率。 半导体股票在KOSPI指数(^KS11)过去五天下降12%后继续出售。 芯片设备制造商ASML(ASML)星期三张贴了创纪录的第三季度销售,并在AI需求强劲的情况下提升了全年的前景. 投资者在星期四等待台湾半导体收益, 在其他地方,金融公司收益的征集活动仍在继续,结果来自美国银行和摩根斯坦利银行。 美国银行股票沉没了5% 作为12亿美元的监管处罚 衡量收益。 同时,BlackRock(BLK)的股票在第三季度收入超过分析师的预期之后上升。 最终结果 华尔街最大的银行第三季度报告显示,尽管利率较高,但消费者仍然持之以恒。 另外,苹果公司(AAPL)的市场资本化在7月下旬首次触及门槛数月后,再次跨越了5万亿马克的日内交易. 全球基准Brent原油期货(BZ=F)仍然高于每桶105美元,因为Houthis继续轰炸沙特阿拉伯的能源设施。 ——拉里·芬克(Larry Fink)希望布莱克洛克以新的AI芯片市场为中心 布莱克洛克CEO拉里·芬克希望他的公司以新的AI芯片金融市场为中心,将80年代华尔街巨头周三收入呼吁期间抵押支持的证券兴起的机会比拟. "在1980年代初期,抵押贷款是银行资产负债表上摆放的贷款,[不流动],且难以定价. Fannie Mae和Freddy Mac开始冷却它们,但单靠这并不能使它们可以交易. 使它们可以交易的是数据、业绩历史和对业绩如何随利率和更广泛的经济变化而变化的理解。 一旦投资者掌握了可信时间序列的数据 发行商就会发现 标准建设和市场向更大的投资者群体开放。 这个组合将MBS市场从数十亿美元从我开始到今天的万亿美元。 "计算能力现在也走着类似的道路,我们打算在BlackRock成为其中心,就像我们当时在抵押贷款支持的证券市场开始的时候一样,"Fink说. 设在纽约的资产管理员星期三早些时候报告了比预期更好的结果。 - 怎么样? 在中期, 能量, 以及AI的繁荣, 都在选票上, Melius Research总经理James West指出, 正如伊朗和乌克兰的战争使燃料价格暴涨, 数据中心的能源需求猛增。 这两个因素加在一起,正在推动美国纳税人的能源支出。 West写道, "我们期望在去年11月 政策风险". 在可能翻转对至少一院国会的控制的中期周期中——这意味着将出现一些有争议的种族——七个参议院推翻的州中有六个在伊朗战争和今年数据中心繁荣之前已经面临高于平均水平的"家庭能源负担",West指出. 与此同时,EIA正在预测,全国最大的电网供应商PJM今年的批发价格将上涨41%,而美国汽油和柴油的泵价则处于或接近历史最高点。 所有这些都使得在不到一个月之后的中期选举中能够承担费用,并因此把精力以及由此推而广之的人工智能繁荣背后的力量摆在前列和中心位置。 国际足联交易Netflix(NFLX)的股票在星期三失去早期收益, 根据Bloomberg引述的共同CEOG Greg Peters和Ted Sarandos的电子邮件, 周二,流体巨头宣布 已获得西班牙和安道尔的专营权 在203年国际足联世界杯上, 所有104场足球赛都以现场直播方式进入Netflix. 今年Netflix股票落后,自2026年初起跌25%. 在派拉蒙的Skydance(SKYD)向媒体巨头提供更多资金后,该公司出价收购华纳兄弟(WBD),撤回了报价. 热通胀数据之后的股票混合 Nasdaq综合(^IXIC)和S&P 500(^GSPC)在9月份的通货膨胀数据比预期的要热之后有所下降。 Thge Dow Jones工业平均水平(^DJI)上升了0.2%,而技术库存则下降,因为9月份年均物价上涨3.7%后,10年国库收益率上升,高于经济学家预期的3.6%。 51,62.48 - 48.62 (-0.09%) 结束:10月14日4:36:17 PM EDT^DJI ^IXIC ^GSPC - 消费物价指数比9月的消费物价指数(CPI)的预期要热3.7%,而经济学家预期是3.6%。 月余价格按预期上涨0.6%。 削减粮食和能源成本的核心消费物价指数上升了2.6%,而估计数为2.5%。 经济学家预计,天然气和能源价格上涨将促使通货膨胀在9月上升。 一个比预期更热的 专家们告诫说,通货膨胀可以使10月美联储利率回升。 根据CME Fed Watch,大约78%的投资者期望美联储在即将举行的会议上稳定利率。 美国银行Q3的利润在交易中下跌了17%, 交易收入下跌了Yahoo Finance的David Hollerith报道: 美国银行星期三说, 其第三季度的利润比一年前下降了17%, 美国银行(BAC)的股票在市场前交易中下跌了3%以上. 全国第二大银行报告Q3净收入69.3亿美元,每股0.91美元,而预期每股分析员1.10美元。 "除了监管处罚外,美国银行说,它挣得81亿美元,即每股1.08美元,调整后的每股收益比一年前上升4%. 收入增长3%,达到300亿美元,而预期收入约为306亿美元。 在这儿多读读.