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S&P 500 Closes 0.65% Higher as July PPI Softens Below Forecast

2026-08-13 20:26:07

US5000.27%

US301.15%

MU1.92%

CSCO-3.39%

According to E Daily, major U.S. stock indices rose on August 13 after July producer price inflation came in softer than expected. The S&P 500 advanced 0.65% to close at 7,798.99, while the Nasdaq Composite gained 0.81% to 26,803.03. The Dow Jones Industrial Average rose 0.13% to 53,840.05. July PPI rose 0.0% month-over-month, below consensus expectations of 0.2% growth, bolstering expectations that the Federal Reserve may hold interest rates steady at its September meeting. CME FedWatch data showed investors pricing in a 65.4% probability of a rate hold next month. Individual stocks saw mixed performance, with memory chipmakers SanDisk and Micron Technology surging 13.7% and 4.2% respectively, while Cisco Systems declined 8.4% after disappointing guidance.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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S&P 500 Breaks Above 7,800 for First Time, Up 0.7% on Soft PPI

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U.S. Stock Indices Open Higher on August 13; S&P 500 Gains 0.19%, Dow Jones Up 0.11%

U.S. Stock Market Opens with Dow Up 0.26%; HP and Dell Rise Over 3%

U.S. Stocks Close Mixed on August 12 as July CPI Meets Expectations; September Rate Hike Odds Rise to 60%

In-Depth Analysis

S&P 500 Stocks Top 7,800 as Dow Jones Rises on Soft PPI Data

Gate Macro TradFi Hub08-13 17:33

Japanese Stocks Rise 1.16% as US CPI Data Eases Fed Rate Hike Fears

Gate Macro TradFi Hub08-13 09:32

US Stocks Rise on July CPI Data as AI Infrastructure Stocks Surge 19%

Gate Macro TradFi Hub08-12 23:27

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