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Stocks Rise After July CPI Report. Why the AI Trade Is Back in Focus
By Avinash P and Purvi Agarwal Aug 12 (Reuters) - The S&P 500 and the Nasdaq rose on Wednesday as upbeat earnings from AI infrastructure firms boosted technology stocks, while largely in-line
The company says it will buy Neos Investments, which specializes in funds that use options-based strategies to generate income.
Aug 12 (Reuters) - The S&P 500 and the Nasdaq opened higher on Wednesday as investors assessed largely in-line inflation data, while upbeat earnings from some AI infrastructure companies provided
BSV offers lower costs and higher yields for taxable investors, while VTES provides federal tax-free income for high-bracket earners seeking short-term bond exposure.
US equity futures were edging higher pre-bell Wednesday as traders looked forward to the latest nati
Consumer price index inflation data, out at 8:30 a.m. ET, may further dampen odds of a Federal Reserve rate hike in September following Friday's weak July jobs reports. S&P 500 futures are slightly higher ahead of the CPI inflation report, holding just off record highs despite inching lower on Monday and Tuesday. Wall Street expects the overall CPI to rise 0.1%, lowering the 12-month headline inflation rate to 3.4% from 3.5%, according to the Econoday consensus forecast.
Investors braced for fresh Consumer Price Index (CPI) data, which could alter the Fed's interest rate calculus.
U. S. stock futures moved higher ahead of closely watched July inflation figures, with investors looking for clues about how the data could influence Federal Reserve interest rate decisions over the coming months.
Stock futures were rising on Wednesday after cloud computing company CoreWeave, optical networking company Lumentum, and server maker Super Micro all reported solid quarterly results, breathing some life into the AI trade ahead of the July inflation report.
Since February 2026, Cal-Maine has been in a holding pattern, posting a small return of 4.2% while floating around $85.09. The stock also fell short of the S&P 500’s 11% gain during that period.
U.S. stock futures are showing modest gains early Wednesday, as investors digest a mix of robust corporate earnings against the backdrop of an intensifying geopolitical impasse in the Middle East and an expected read on U.S. inflation. The Polymarket (CRYPTO:...
July’s consumer price index (CPI) report is in focus on Wednesday as investors hope for a reading as encouraging as June’s.
The Iran war isn't just an energy supply issue any longer.
U.S. forces fired on a Panama-flagged ship that attempted to run the American blockade of Iranian ports early Tuesday, The Wall Street Journal reported. Brent crude briefly touched $90 a barrel, ending the trading day up 1.4% to $88.91. The Dow ended down 184 points, or 0.3%.
By Avinash P and Purvi Agarwal Aug 11 (Reuters) - Wall Street's main indexes slipped on Tuesday, as losses in tech stocks weighed on sentiment, while investors assessed reports of potential deals that
Upwork's second-quarter report has increased concerns about the company's future.
The stock market was on the road to nowhere on Tuesday. The Dow Jones Industrial Average and S&P 500 were flat. The Nasdaq Composite was down slightly. The S&P hit a fresh closing high on Friday and ran out of gas.
Aug 11 (Reuters) - The S&P 500 and the Nasdaq opened higher on Tuesday as investors welcomed a report suggesting the U.S and Iran were close to "some sort of an arrangement" to end six months of
Futures for the Dow Jones Industrial Average and the other major stock indexes traded higher Tuesday, after it was reported the U.S. and Iran had reached "some sort of an arrangement" for a peace deal.