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Thursday's hotter-than-expected inflation update sent Treasury yields spiking and stocks tumbling. Stocks were choppy for most of Thursday's session as investors mulled over the latest inflation data. However, the main benchmarks took a sharp turn lower in afternoon trading as Treasury yields spiked. Ahead of the open, data from the Bureau of Labor Statistics showed that the September Consumer Price Index (CPI) was up 0.4% month-over-month and 3.7% year-over-year. While these figures were higher

The statistics ministry will release Consumer Price Index data for September and industrial production data for August on October 12, with the latter expected to have surged to 9.1 percent

With the latest CPI print dropping, VettaFi's Nadig sat down with Corbu LLC's managing director Sam Rines to discuss.

Stats SA released last month's inflation and CPI statistics on Wednesday, showing a significant decline in inflation.

The publication follows other companies such as Reddit and X in keeping AI companies from stealing data.