NewsWPLG Local 10 – Main FeedAugust 12, 2026Miami-Dade
Wall Street markets shift as AI stock growth and inflation data influence investor outlook
Stock markets saw mixed results on Wednesday as strong earnings reports from artificial intelligence companies were balanced against ongoing concerns regarding inflation and interest rates. While the S&P 500 and Nasdaq composite rose, the Dow Jones Industrial Average saw a slight decline, and traders reduced their expectations for a Federal Reserve interest rate hike in September.
Read the full story at WPLG Local 10 – Main FeedWhy It Matters
Market fluctuations and data directly impact the cost of borrowing for U.S. households and companies, as well as the value of investment portfolios and retirement accounts.
Key Facts
- The S&P 500 rose 0.3% to 7,748.50.
- The Nasdaq composite rose 0.5% to 26,588.49.
- The Dow Jones Industrial Average fell 21.58 points to 53,770.27.
- U.S. inflation was 3.4% last month, down from 3.5% in June.
- Super Micro Computer reported earnings per share 84% higher than analyst expectations.
- CoreWeave stock rose 19.3% following positive revenue reports.
- Traders estimate a 40% chance of a Federal Reserve interest rate hike in September, down from the previous day.
- The 10-year Treasury yield fell to 4.68% from 4.70%.
- Brent crude oil prices rose 0.1% to $88.98 per barrel.
- Homebuilder stocks including D.R. Horton and PulteGroup declined due to high mortgage rates.
Who's Mentioned
organizationSuper Micro Computer“Company that saw a 19% stock increase.”organizationNvidia“AI chip manufacturer whose stock climbed 3%.”otherNasdaq composite“Stock market index that climbed 0.5%.”personMichael Intrator“CEO of CoreWeave.”organizationSK Hynix“Tech giant in South Korea.”organizationBuilders FirstSource“Building materials company whose stock fell 3.6%.”organizationPulteGroup“Homebuilder whose stock fell 2.5%.”organizationD.R. Horton“Homebuilder whose stock fell 3.3%.”organizationCoreWeave“Company that saw a 19.3% stock increase.”organizationSamsung Electronics“Tech giant in South Korea.”otherS&P 500“Stock market index that rose 0.3%.”organizationCME Group“Provided data on trader bets regarding interest rates.”organizationFederal Reserve“Central bank currently evaluating interest rate hikes.”otherDow Jones Industrial Average“Stock market index that dipped 21 points.”