Stock Market Today, Aug. 13: Stocks Rise as Inflation Cools, Workday Soars 18%
Today, Aug. 13, 2026, softer wholesale and consumer inflation figures ease Fed pressure and boost markets.
Overview
The S&P 500 (SNPINDEX:^GSPC) gained 0.65% to 7,799 after clearing 7,800 for the first time in intraday trading. The Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.81% to 26,803, and the Dow Jones Industrial Average (DJINDICES:^DJI) edged up 0.13% to 53,840.
Gold prices fell 1.29% to $4,349.85 as of U.S. market close, and the 10-Year Treasury yield fell 0.04% to 4.65%. Technology and industrial stocks led all sectors, while consumer cyclical and communication services stocks finished lower.
Details
Workday surged 18% on reports of buyout talks with private equity firm Silver Lake. Harmonic Inc climbed 9% on a quarterly earnings beat and raised guidance. Cerebras Systems fell on disappointing earnings. Amazon.com shares slipped amid an intensifying legal dispute involving AI training, and Joby Aviation recovered slightly — it fell yesterday after announcing a $500 million acquisition and a new equity facility.
Source
Originally published at www.fool.com.