# S&P 500, Nasdaq rise on AI trade as US inflation cools

2026-08-13T02:20:05+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

US stocks climbed on Wednesday, with the S&P 500 and Nasdaq gaining on renewed AI trade optimism. The rally came as July consumer price data met expectations, and a key inflation metric matched its slowest pace since March 2021. Separate data showed producer prices rose less than feared, while oil prices slid. These factors eased fears of further interest rate hikes, boosting rate-sensitive assets. The Dow also rose, as markets awaited more inflation readings.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/wall-street-highlights-s-p-500-nasdaq-rise-on-ai-trade-as-market-awaits-more-inflation-data-11902665>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/wall-street-highlights-s-p-500-nasdaq-rise-on-ai-trade-as-market-awaits-more-inflation-data-11902665#publisher=newsstand>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/us-stock-market-today-s-p-500-nasdaq-dow-rise-as-oil-slides-fresh-inflation-stats-ease-rate-hike-fears-11905829#publisher=newsstand>

Tags: AI stocks, Federal Reserve, Nasdaq, S&P 500, US inflation, Wall Street
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