Wall Street flirts with a record after AI stocks rise and worries about inflation ease a bit

Wall Street flirts with a record after AI stocks rise and worries about inflation ease a bit  AP News

Wall Street is flirting with a record after several AI stocks reported better growth for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month

Wall Street is flirting with a record Wednesday after several AI stocks reported better growth for the spring than analysts expected.

Oil prices climbed and Wall Street pulled back from record highs, while South Korea's Kospi surged more than 4% on renewed chip-buying, as markets brace for a crucial US inflation reading.

HONG KONG: Oil prices rose again on Wednesday (Aug 12) and stock markets were mixed, with eyes on the release of key United States inflation data that could guide the Federal Reserve on its plans for interest rates.Traders trod nervously ahead of the consumer price index (CPI) figures, which follow a report last week s

Oil prices jump, Wall Street under pressure with Hormuz, inflation in focus  Reuters

Treasury Yields Rise as Wall Street Expects Stable Inflation Data  wsj.com