Wall Street Rises After In-Line Consumer Inflation Data; AI, Chip Stocks Jump

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Stock Market

12 August 2026 at 11:58 pm

Wall Street Rises After In-Line Consumer Inflation Data; AI, Chip Stocks Jump

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Summary

Wall Street saw gains with the S&P 500 up 0.3%, Dow Jones up 0.1%, and Nasdaq Composite 0.7% higher, following in-line consumer inflation data and a jump in AI and chip stocks.

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