🔴 Lithium Americas is trading 5.75% down today after hotter-than-expected producer inflation

Lithium Americas is trading 5.75% down at $3.01 as broader market weakness followed hotter-than-expected August producer inflation.

• The S&P 500, Nasdaq Composite, and Dow Jones each fell more than 0.5%, while higher Treasury yields pressured equities and rate-sensitive assets.
• The September 9 JPMorgan upgrade supported the prior session’s rally but does not explain today’s decline.
• Lithium-sector supply concerns may add pressure.