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NEW YORK (dpa-AFX) – The surprising rise in US consumer prices in September hampered the Dow Jones Industrial (Dow Jones 30 Industrial) on Wednesday. The leading index finally stepped on the spot after mixed trading. Technology company stocks, on the other hand, gained. According to Brsians, they could, on average, be more successful in passing price increases on to customers without harming business.
In the end, the technology-heavy NASDAQ 100 rose 0.77 percent to 14,774.60 points. The percentage of the Dow was unchanged at 34 377.81 points from the trade. After initial losses, the S&P 500 gained 0.30 percent to 4363.80 points.
The annual inflation rate rose from 5.3 percent in the previous month to 5.4 percent. Economists had expected an unchanged rate on average. In particular, inflation is driven by high energy prices./la/he