S&P 500 ends higher as CoreWeave results fuel AI optimism
By Noel Randewich and Purvi
Agarwal
Wed August 12, 2026
Several AI companies turning in good reports shot the tech indexes straight up to decent gains with both the Nasdaq and S&P regaining almost all of yesterday’s losses. The enthusiasm also spilled over to the companies building data centers with stocks like Nebus boosting an amazing 34%. Combine that with the good news that CPI came in basically flat.
The fear was that it would come in more heated and that made for even more optimism that the Fed would not raise rates in September after all. Today’s odds for a hike are now just 38% vs 52% on Monday. PPI is still coming but new hopes have brought the VIX down to 14.45, it’s lowest since January. Volume at 15.5 billion was well below the 17.5 average.
DJ: 53,791.85 -184.13 NAS: 26,445.45
-159.91 S&P: 7,728.20
-24.91 8/11
DJ: 53,770.27 -21.58 NAS: 26,588.49
+143,04 S&P: 7,748.50
+20.30 8/12
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