expectations of an interest rate increase from the Federal Reserve in December. Other data on Friday suggested a pickup in inflation, with producer prices rising
broadly last month to record their biggest year-on-year increase since December 2014. The reports were the latest indication that the economy regained
momentum in Q3 after a lacklustre first-half performance. The commerce department said retail sales increased 0.6% after declining 0.2% in August. Sales were up 2.7% from a year ago.
Separate data showed PPI rose 0.3% from 0.7% from a year ago.