US Oct inflation rose more than expected, boosting bets on larger Fed rate
hikes. US equities opened lower: Dow -0.4%, S&P 500 -0.6%, Nasdaq -0.8%. Major
techs mostly fell: NVIDIA -2.6%, Intel -2.0%, Micron -2.2%; Apple +0.4%. Alibaba
fell 0.3% after saying it will spin off its Pingtouge semiconductor unit for a
separate HKEX listing.