Evening Market Recap - Thursday, 14-Nov

US equities finished lower in Thursday trading, ending near worst levels. Today’s defensive tone was chalked up to somewhat more hawkish takeaways from Powell, which came on the heels of the firmer PPI and claims prints this morning. On the data front, October core PPI was largely in line, though final demand services accelerated slightly and final demand goods turned positive after two-straight negative monthly prints.