🔴 S&P 500 ETF (IVV) is trading 1% down on October 14, 2026, as hotter-than-forecast CPI revives Fed rate-hike expectations

IVV is trading at $772.77 (-1.12%) as hotter-than-forecast September CPI revived expectations of another Fed rate increase.

• September CPI’s annual headline rate was 3.7% and its core rate was 2.6%, both above forecasts.
• Treasury yields rose after the report, pressuring rate-sensitive growth and technology shares; semiconductor weakness added to market pressure.
• Bank earnings also contributed to volatility, but inflation and rate concerns best explain the broad S&P 500 decline.