Stock Market Today, Aug. 12: Stocks Edge Higher as Inflation Data Eases Fed Rate Pressure
AI infrastructure demand and moderating inflation drove broad gains, though geopolitical tensions remain, today, Aug. 12, 2026.
Overview
The Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.54% to 26,588, and the S&P 500 (SNPINDEX:^GSPC) rose 0.26% to 7,749 after inflation data reassured traders. The Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.04% to 53,770.
Gold prices rose 0.60% to $4,407.44 as of U.S. market close, and the 10-Year Treasury yield gained 0.004% to 4.69%. Industrials led the sector gainers, while consumer cyclicals and communication services lagged.
Details
Building on earlier momentum, Nvidia rallied alongside the broader artificial intelligence (AI) sector today. Super Micro Computer and CoreWeave both surged 19% following impressive quarterly results. Optical manufacturer Lumentum Holdings soared 14% after its earnings showed solid AI demand. Wendy’s gained as news of a potential takeover emerged, and Home Depot slipped as investors reacted to news that its CEO would take medical leave.
Source
Originally published at www.fool.com.