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S&P 500 and Nasdaq climb after strong CoreWeave and AI infrastructure earnings; mild inflation raises odds the Fed keeps rates steady in September.
Editorial companion
The S&P 500 and the Nasdaq climbed after CoreWeave and other AI infrastructure firms reported upbeat quarters, a reminder that a handful of strong tech results can lift market breadth. Reuters notes that mild inflation data also nudged bets toward a September pause from the Federal Reserve, which lets investors reward growth stories without an immediate rate shock. For people watching exchanges, Nasdaq, Inc. is a direct beneficiary: more trading volume, new listings and richer options activity from an AI-led rally translate into fee and data revenue upside.
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