Nasdaq Composite faces PPI ahead of the open after 512-point drop
Published on 10/15/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProducer prices at 8:30 a.m. ET
- The Nasdaq Composite closed at 26,693 points on October 14, down 512 points or 1.9 percent.
- September CPI rose 3.7 percent year over year, above the 3.6 percent forecast.
- CoreWeave fell 15.5 percent as its 2032 bond yield reached 14.8 percent.
- Producer prices, retail sales and jobless claims are due at 8:30 a.m. ET on October 15.
The Nasdaq Composite closed at 26,693 points on October 14, losing 512 points or 1.9 percent. September consumer inflation rose 3.7 percent year over year, above the 3.6 percent forecast, according to CNBC.
CoreWeave fell 15.5 percent on October 14 as its 2032 bond yield reached 14.8 percent, CNBC reported. Nasdaq 100 futures were down 1.1 percent at 6:44 a.m. ET on October 15.
Why did Nasdaq Composite fall on October 14?
Hotter inflation increased expectations for further Federal Reserve rate hikes. The Nasdaq Composite suffered as investors reassessed borrowing costs for artificial intelligence companies, Reuters reported.
Nasdaq Composite movers from the AI selloff
Oracle lost 8.8 percent and Nebius fell 10.0 percent. Apple rose 0.5 percent, while CoreWeave was the sharpest named decliner, according to Reuters.
Cues before Nasdaq Composite opens
Nasdaq 100 futures pointed down 1.1 percent at 6:44 a.m. ET. Artificial intelligence debt concerns kept pressure on technology shares before the 9:30 a.m. ET open, Investopedia reported.
What comes next for Nasdaq Composite
Three US releases are scheduled at 8:30 a.m. ET, with producer price index forecasts reported by Investopedia:
- October 15, 2026, 8:30 a.m. ET: September producer prices, with economists expecting a 0.6 percent monthly rise and a 5.5 percent annual increase.
- October 15, 2026, 8:30 a.m. ET: September retail sales, followed by the latest reading on consumer demand.
- October 15, 2026, 8:30 a.m. ET: Initial jobless claims, alongside continuing claims and other business data.
