US Stock Indices Open Higher on Inflation Data

The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average opened higher on Wednesday, August 12, in New York. The market gains followed the release of inflation data that largely aligned with investor expectations, reducing volatility and supporting upward movement across the indices.

Positive earnings reports from companies specializing in artificial intelligence infrastructure provided additional momentum. At the opening bell, the Nasdaq Composite recorded the largest relative gain, rising 0.89 percent to 26,680.469. The S&P 500 rose 0.48 percent to 7,765.46, while the Dow Jones Industrial Average saw a marginal increase of 0.01 percent to 53,797.47.