Why Is the Stock Market Up Today, 8/12/26?
Tip Ranks·- The S&P 500 and Nasdaq 100 rose on August 12, 2026, driven by July's Consumer Price Index showing easing inflation with a 3.4% annual increase. - Yardeni Research raised its S&P 500 price target to a street-high of 8,400 due to fabulous earnings momentum and increased EPS estimates. - AI-related stocks like Micron, Seagate Technology, and Dell gained over 4% while software stocks faced pressure.