S&P 500, Nasdaq open higher after inflation data, earnings boost
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Wednesday (Aug 12) as investors assessed largely in-line inflation data, while...
The S&P 500 and Nasdaq opened higher on Wednesday as investors reviewed inflation data and strong earnings from some AI infrastructure firms, according to Reuters. The Dow Jones Industrial Average also saw a slight increase at the open.
For the day, the Dow rose 5.6 points, or 0.01%, to 53,797.47. The S&P 500 gained 37.3 points, or 0.48%, to 7,765.46. Meanwhile, the Nasdaq Composite climbed 235.0 points, or 0.89%, to 26,680.469.
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