🔴 Dlocal is trading at 4.12% down today as hotter-than-expected U.S. inflation renews rate concerns

Dlocal is trading $14.40, 4.12% down, as hotter-than-expected U.S. inflation pressured equities and growth-oriented shares.

• September CPI rose 3.7% year over year, above the 3.6% forecast; core CPI was 2.6%, versus 2.5% expected.
• The data renewed concerns about higher rates for longer; the Nasdaq fell 0.91% and the S&P 500 declined 0.67% during the session.
• No direct company-specific catalyst was identified. Dlocal said third-quarter results will be released November 12.