S&P 500 Eyes Close Above 6,400; Nasdaq Nabs Another Record
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Stocks are rallying as investors respond positively to a lighter-than-expected CPI reading for July. The Dow is up over 420 points, with UnitedHealth boosting the index. The S&P 500 is aiming for its first close above 6,400, while the Nasdaq hits another record high. AST SpaceMobile's stock rises 11.6% despite disappointing earnings, and United Airlines sees a 9.3% increase following a rise in fares. Cardinal Health's stock drops 7.2% after missing revenue estimates, despite being up 22.5% year-to-date.
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