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business/news//Barchart
The S&P 500 Index ($SPX) (SPY) is up +0.07%, the Dow Jones Industrial Average ($DOWI) (D.
US consumer prices rose less than expected, easing inflation concerns and supporting stock gains.
KEY POINTS
Over 800 vessels are trapped in the Persian Gulf as the Strait of Hormuz remains largely closed.
Software stocks are under pressure due to AI disruption fears after new launches by Anthropic and Meta.
Lumentum Holdings reported accelerating demand from major US tech companies, boosting optical component stocks.
CoreWeave shares rose over 6% after Anthropic agreed to rent its data center space.