U.S. stock market gained on softer July CPI data (0.1% monthly, 3.4% annual) while AI stocks led gains; Cisco fell 6% after earnings, and Fed rate-hike probability for September dropped to 40%.
InvestingLive08/13, 04:14 PM
- S&P 500 closed at 7,748.50, up 0.26%
- Nasdaq gained 0.54% to 26,588.49
- Dow slipped 0.04%
- July CPI increased only 0.1% from the previous month
Figures as quoted by InvestingLive
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