CPI Boosts Markets? Trader Talk: SPX, NDX, RUT & SOX Review — Aug 12, 2026


Kevin Horner reviews the CPI impact, SPX/NDX/RUT/SOX charts, sector trends and stocks in the news, with strategy insights and live Q&A.

Editorial companion

What stands out

This Schwab coaching webcast opened by parsing the Consumer Price Index (CPI) and threading those numbers into likely Federal Open Market Committee (FOMC) rate moves, then ran charts on the S&P 500 (SPX), Nasdaq 100 (NDX), Russell 2000 (RUT) and semiconductor index (SOX) before a quick sector and stock roundup. It matters because Schwab runs both trading desks and custodial pipelines, so their technical reading shows not only what technicians are watching, but what might alter retail flow and order routing. For anyone tracking Charles Schwab (SCHW), the session is a timely snapshot of how macro data and market internals could change client behavior over the coming weeks.