Among individual stocks, FastenalFAST.O rose 6.2% after the industrial supplies company beat third-quarter profit estimates. “The headline (number) was a little bit hotter than expected, but core inflation dropped (year-on-year),” said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Michigan. Boston Fed President Susan Collins, who does not have a vote on the rate-setting Federal Open Market Committee (FOMC) this year, said on Wednesday that while the odds of the economy escaping a recession have grown, it is possible the central bank is not done with interest rate hikes aimed at bringing inflation back to its target.