Bullish
S&P 500 rises 0.3% to 7,748.50 amid strong AI earnings and easing inflation concerns.
The S&P 500 gained 0.3% to close at 7,748.50 on August 12, 2026, driven by robust earnings from AI companies and a slight dip in inflation. AI stocks like Super Micro Computer surged 19% after exceeding profit expectations, while the Nasdaq composite rose 0.5%. Treasury yields eased following the inflation report, supporting investor sentiment. ([apnews.com](https://apnews.com/article/c2b9200bd737220ef848a37ffea21f95?utm_source=openai))
Key points
- AI earnings boost market confidence; Super Micro Computer shares up 19%.
- S&P 500 closes at 7,748.50, marking its first gain since last week's record high.
- Treasury yields decrease as inflation dips to 3.4%, easing rate hike concerns.
Sources
AI-generated from public news sources. Not financial advice.
