India, Oct. 14 -- The Nasdaq Composite is trading down today, shedding roughly 0.9% to 1.0% to sit near the 26,910 mark during morning hours. This broad market retreat follows the release of a hotter-than-expected September Consumer Price Index (CPI) report. The acceleration in consumer prices has ignited concerns that the Federal Reserve will increase interest rates at its upcoming policy meeting. Here's what investors should know.

Market Snapshot

Nasdaq Composite (^IXIC): Down ~0.9% to 26,910.70.

S&P 500 (^GSPC): Down 0.4% to 0.7%.

Dow Jones Industrial Average (^DJI): Up ~0.1% to 0.3%, outperforming the tech sector due to defensive healthcare gains.

10-Year U.S. Treasury Yield: Surged over 7 basis points to 5.293%.

NASDAQ Today LI...