Bullish
Nasdaq 100 rises 0.5% to 26,588.49 amid strong AI earnings and easing inflation.
The Nasdaq 100 gained 0.5% to close at 26,588.49 on August 12, 2026, driven by robust earnings from AI-focused companies like Nvidia and Super Micro Computer. Additionally, a favorable inflation report eased investor concerns about potential Federal Reserve rate hikes.
Key points
- AI companies report better-than-expected earnings, boosting Nasdaq 100.
- Inflation data shows moderation, reducing Fed rate hike fears.
- Dow Jones Industrial Average dips slightly; Russell 2000 rises.
Sources
AI-generated from public news sources. Not financial advice.
