Stocks dropped significantly, led by the technology sector, after a higher-than-expected CPI report raised concerns about additional Federal Reserve interest rate hikes to control inflation. The S&P 500 fell over 1%, the Nasdaq nearly 2%, and the Russell 2000 small-cap index entered correction territory. Investors moved toward safer sectors like healthcare and consumer defensives, while bond yields declined, helping to limit overall market losses. This shift reflects growing caution amid inflation worries and potential tighter monetary policy ahead.
Tech stocks showed a broad decline with 111 of 150 priced US stocks on Pluang falling as of Oct 15, 2026 19:41 WIB. For readers following tech shares, notable movers include Cloudflare Inc (NET) down 4.94% at USD 308.00 with a typical hold time of 61 days and a Pluang order activity of 69% Sell / 31% Buy, Core Scientific Inc (CORZ) down 4.59% at USD 12.89 with 0% Sell / 100% Buy, and Okta, Inc. (OKTA) down 4.58% at USD 202.20 with 80% Sell / 20% Buy. This data provides a snapshot of market sentiment in the technology sector on Pluang.
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