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.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →