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S&P 500 at 7,376.86 After a 2.68% Weekly Drop: CPI…

By Rick Steves

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AI summary of the source article

The S&P 500 fell 2.68% across the week to finish Friday at 7,376.86, while the Nasdaq dropped 3.37%. Ahead of Tuesday's inflation report, the BLS announced most 12-month CPI changes will not be published due to missing October 2025 data.

Why it matters

With rate expectations sensitive, the release could move Treasury yields and the implied December policy path despite the missing comparison.

Key facts

  • The S&P 500 closed Friday at 7,376.86, down 2.68% for the week, while the Nasdaq closed at 24,579.42 after losing 3.37%.
  • The BLS will not publish 12-month percentage changes for most October 2026 CPI series because October 2025 survey data was not collected during a federal shutdown.
  • Cisco and Applied Materials report earnings on November 12, followed by Nvidia on November 17.

Source excerpt · FinanceFeeds

The S&P 500 ended Friday at 7,376.86, up 0.31% but down 2.68% for the week. The Nasdaq Composite closed at 24,579.42, gaining 1.09% Friday while losing 3.37% over five sessions. Was the rebound stabilisation or a pause after Thursday’s repricing of technology and growth shares? Where the index stands Friday recovered only a fraction of Thursday’s losses: the S&P 500 fell 4.4%, the Nasdaq 5.5% and…