💼 5 PM · While you worked
Wholesale prices jump 1.3% in September, most since 2022
The Labor Department's producer price index rose 1.3% in September, the largest monthly increase since March 2022, and 6.3% from a year earlier. Fuel costs helped drive the jump. Stocks still rose: the Dow closed up 556 points, or 1.1%, at 52,177.69; the S&P 500 gained 0.3% and the Nasdaq 0.1%.
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Sources
- AP via Transport Topics: Wholesale inflation rises 6.3% as gas prices soared
- CNN via KVIA: Wholesale inflation jumped in September by most in four years
- AP via KRMG: How major US stock indexes fared Thursday 10/15/2026
- Investing.com: U.S. stocks higher at close; Dow up 1.08%
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