🔴 Generac Holdings is trading 4% down today as hotter-than-expected September inflation renewed rate concerns

Generac Holdings is trading 4.02% down at $205.68 after hotter-than-expected September inflation rattled markets and renewed concerns about higher interest rates.

• The S&P 500 was down 0.61%, while the Nasdaq Composite was down 0.91%.
• Reuters also linked market weakness to the CPI report and rate-hike concerns.
• No confirmed company-specific negative catalyst was identified.