🔴 IES Holdings is trading 4.73% down today as hotter-than-expected September CPI revived rate-hike concerns

IES Holdings is trading 4.73% lower at $253.53 as hotter-than-expected September CPI revived concerns about higher interest rates.

• Reuters reported U.S. stock futures weakened as investors reassessed the possibility of a Fed rate hike; industrials also faced sector pressure.
• Search results surfaced no fresh company-specific announcement explaining the decline.
• The shares are continuing a multi-session decline.