S&P 500 Rises to New Record

2026-08-13 13:40 By Andre Joaquim 1 min. read

US stocks were higher on Thursday after soft price data added to expectations that the Federal Reserve will not raise rates next month.

The S&P 500 rose 0.6% to a new record, while the Dow added 0.3% and the Nasdaq 100 jumped nearly 1%.

Headline and core producer prices were lower than expected in July, aligned with the tame CPI report from yesterday and limiting recent concerns of hawkish signals by FOMC members.

Chip stocks and companies with exposure to AI infrastructure held their strong gains from yesterday, tracking counterparts in South Korea.

Reports that Anthropic is chasing an IPO and its recent purchase of Decart AI continued to underpin the outlook for compute expenditures.

Micron, Oracle, and Meta rose over 2%, while Nvidia and Amazon gained around 1%.

In turn, Cisco slumped 8% after it projected a slowdown in sales tied to AI data centers for this fiscal year.



News Stream
Chip Producers Return to Market Lead
US stocks remained mostly higher on Thursday after soft price data consolidated bets of a Federal Reserve rate hold next month. The S&P 500 rose 0.5% to a new record and the Nasdaq jumped 0.8%. Headline and core producer prices were lower than expected in July, aligned with the tame CPI report from yesterday and limiting recent concerns of hawkish signals by FOMC members. Chip stocks extended gains from yesterday, tracking counterparts in South Korea. Reports that Anthropic is chasing an IPO and is aiming to acquire Decart AI for $6 billion continued to underpin the outlook for compute expenditures. Micron, Intel, and Marvel rose more than 6%, while Sandisk surged 15%. In turn, Cisco slumped 8% after it projected a slowdown in sales tied to AI data centers for this fiscal year. Also, bank holdings and industrial companies pulled back with Bank of America and RTX each dropping 1.5%, pressuring the Dow to below the flatline.
2026-08-13
S&P 500 Rises to New Record
US stocks were higher on Thursday after soft price data added to expectations that the Federal Reserve will not raise rates next month. The S&P 500 rose 0.6% to a new record, while the Dow added 0.3% and the Nasdaq 100 jumped nearly 1%. Headline and core producer prices were lower than expected in July, aligned with the tame CPI report from yesterday and limiting recent concerns of hawkish signals by FOMC members. Chip stocks and companies with exposure to AI infrastructure held their strong gains from yesterday, tracking counterparts in South Korea. Reports that Anthropic is chasing an IPO and its recent purchase of Decart AI continued to underpin the outlook for compute expenditures. Micron, Oracle, and Meta rose over 2%, while Nvidia and Amazon gained around 1%. In turn, Cisco slumped 8% after it projected a slowdown in sales tied to AI data centers for this fiscal year.
2026-08-13
The Dow Jones Index Opens 0.23% Higher
The Dow Jones Index is up by 122 points or 0.23 percent on Thursday. Top gainers are Walt Disney (1.10%), Microsoft (1.06%) and McDonalds (0.92%). Biggest losses came from Cisco Systems (-9.01%), Chevron (-0.60%) and JPMorgan (-0.45%).
2026-08-13