S&P 500 Opens Higher as Cooler Inflation Lifts Sentiment
As seen on the 24/7 Wall St. homepage on August 13, 2026.
- S&P 500+0.48%
- Dow Jones Industrial Average—
- Nasdaq Composite+0.42%
Buyers stepped in at the open with the S&P 500 adding 36.98 points, betting the Fed stays on hold after another cooler inflation reading. Wholesale inflation data is the next test for this bid.
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Another cooler inflation reading has locked in expectations that the Federal Reserve holds rates steady, and the S&P 500 opened August 13 at 7,785.51 on that read.
The gain of roughly 0.5% extends a two-week climb in the benchmark.
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The Nasdaq Composite opened about 0.4% higher, so the bid was broad rather than concentrated in one pocket of the market.
Wholesale inflation data is the next test: a cool reading reinforces the Fed-on-hold thesis, while a hotter number pressures these gains.