Stock Market Today: Nasdaq 100 Rises on Strong AI Earnings, Benign Inflation
AI‑infrastructure earnings lifted tech stocks and the Nasdaq 100, while a consensus‑matched CPI print cooled yields and trimmed September Fed hike odds.
Tech companies that work with AI reported great results, which made their stock prices go up. When inflation numbers came in as expected, it also made people feel calmer about interest rates—which is good news for growth companies.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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