BlockBeats news, November 10 - According to data from the BIT stock platform, US October inflation rose more than expected, expectations for a significant Fed rate hike have heated up, and the three major US stock indices opened lower collectively, with the Dow down 0.4%, the S&P 500 down 0.6%, and the Nasdaq down 0.8%.
Most star tech stocks fell, with Nvidia (NVDA.O) down 2.6%, Intel (INTC.O) down 2%, Micron Technology (MU.O) down 2.2%, and Apple (AAPL.O) up 0.4%. Alibaba (BABA.N) fell 0.3%, planning to spin off T-Head Semiconductor and list it independently on the Hong Kong Stock Exchange.
