GoKawiilMarkets slip as AI profit worries meet 66th month of above-target inflation
US stock futures fell Thursday after a rough trading session, with investors again questioning returns on heavy AI spending. Separately, September's consumer price index came in hotter than expected, driven by rising energy costs, marking the 66th consecutive month inflation has topped the Federal Reserve's 2% target—the longest such run this century. Diesel prices also remain elevated ahead of the midterm elections despite a new US-Russia diesel agreement.