S&P 500 and Nasdaq fall as tech drops for a second day and wholesale inflation jumps

What happened: The S&P 500 and Nasdaq fell as tech stocks dropped for a second day and wholesale inflation jumped. Key numbers: September producer prices rose 1.3% on the month. Treasury yields eased. Why it matters: The report links the tech decline to sliding chip stocks and CoreWeave, with the inflation jump adding pressure as yields eased. Coverage: 4 outlets in 24h

The S&P 500 and Nasdaq fell as tech stocks dropped for a second day and wholesale inflation jumped.

The report links the tech decline to sliding chip stocks and CoreWeave, with the inflation jump adding pressure as yields eased.