By Townhall Chicago News Staff
Consumer prices rose 0.4% in October and core prices, which exclude food and energy, rose 0.3%, according to a Fox Business Report segment aired on AM 560 and delivered by Hillary Barsky.
Crude oil fell to just over $86 a barrel, according to the same report. The timing of a complete October inflation report has not been confirmed against the Bureau of Labor Statistics’ release schedule, and it is unclear from the available material whether the segment was broadcast live or rebroadcast from an earlier date.
Nvidia shares fell more than 6% in the session described in the report, which the segment said marked the stock’s lowest level since March. The report did not provide additional figures on broader stock index performance.
The Fox Business segment referenced an internal matter involving Nvidia’s leadership that was not independently described or confirmed in the material reviewed for this report. That claim has not been corroborated and is not included in this account.
Additional detail on the inflation report’s components, the oil price benchmark used, and context for Nvidia’s stock movement were not available in the source material reviewed for this report. Economic data for October is expected to continue rolling out from federal agencies in the coming weeks.
