U.S. stocks finish mixed as mild CPI data lifts rate-cut hopes; AI stocks lead tech higher
U.S. stocks finished mixed on Aug. 12, as mild consumer-price data boosted expectations for interest-rate cuts and AI-related stocks led gains in the technology sector. The S&P 500 rose 20.30 points, or 0.26%, to 7,748.50. The Dow Jones Industrial Average fell 21.58 points, or 0.04%, to 53,770.27. The Nasdaq Composite gained 143.04 points, or 0.54%, to 26,588.49. The Nasdaq-100 rose 0.74% to 29,742.60.
U.S. stocks finished mixed on Aug. 12, as mild consumer-price data boosted expectations for interest-rate cuts and AI-related stocks led gains in the technology sector.
The S&P 500 rose 20.30 points, or 0.26%, to 7,748.50. The Dow Jones Industrial Average fell 21.58 points, or 0.04%, to 53,770.27.
The Nasdaq Composite gained 143.04 points, or 0.54%, to 26,588.49. The Nasdaq-100 rose 0.74% to 29,742.60.
The S&P 500 rose 20.30 points, or 0.26%, to 7,748.50. The Dow Jones Industrial Average fell 21.58 points, or 0.04%, to 53,770.27.
The Nasdaq Composite gained 143.04 points, or 0.54%, to 26,588.49. The Nasdaq-100 rose 0.74% to 29,742.60.