Wall Street rises near a record as AI stocks climb and worries about inflation ease a bit
- Wall Street finished just shy of a record on Wednesday as several AI stocks reported better growth than analysts expected.
- The S&P 500 rose 0.3%, marking its first gain since reaching an all-time high on Friday.
- Super Micro Computer's shares jumped 19% after reporting earnings that exceeded analysts' expectations.
- CoreWeave's stock rose 19.3% following a better-than-expected revenue report and a milder loss.
- Inflation in the U.S. was reported at 3.4% higher than a year earlier, slightly easing from June's 3.5% rate.
Wall Street finished just shy of a record on Wednesday 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.
The S&P 500 rose 0.3% for its first gain since setting its all-time high on Friday. The Dow Jones Industrial Average dipped 21 points, or less than 0.1%, and the Nasdaq composite climbed 0.5%.
Stocks in the artificial-intelligence technology business helped lead the way after strong profit reports bolstered hopes they can continue to deliver big-enough growth to justify the huge gains their prices have made.
Wall Street also got some support from easing yields in the bond market. Treasury yields fell after a report showed that U.S. consumers paid prices for gasoline, groceries and other costs of living last month that were 3.4% higher than a year earlier. The deceleration could give the Federal Reserve more leeway to hold off on hikes to interest rates.
华尔街接近创纪录水平，人工智能股票上涨，通胀担忧略有缓解
华尔街周三接近创纪录水平，多家人工智能股票的增长超出分析师预期，同时一份报告显示美国的通胀在上个月略有缓解。
标准普尔500指数上涨0.3%，这是自上周五创下历史新高以来的首次上涨。道琼斯工业平均指数下跌21点，跌幅不足0.1%，纳斯达克综合指数上涨0.5%。
人工智能技术公司的股票在强劲的利润报告推动下走高，增强了人们对其能否继续实现足够增长以证明其价格大幅上涨的希望。
华尔街还得到债市收益率下降的支持。在一份报告显示美国消费者上个月在汽油、食品和其他生活成本上的支出比去年高出3.4%后，国债收益率下降。这一下降可能为美联储提供更多的空间，推迟加息。