Macro Finance
US Stocks Rise as Inflation Keeps Fed ‘At Bay,’ Spurs Tech Rally
Bloomberg Markets·August 12, 2026·1 min read
US stocks traded higher after a subdued inflation reading helped ease pressure on the Federal Reserve to raise interest rates, clearing the way for an earnings-led tech rally to continue. The tame CPI data supported risk appetite across the market.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.