Stocks and Bonds Rise After Tame US CPI US stocks and bonds gained after July inflation data came in line with expectations, reducing fears of an imminent Federal Reserve rate hike. Core CPI rose 0.2% month-over-month and 2.5% annually, while markets now price less than a 50% chance of a September rate increase. The S&P 500 rose 0.2%, while the Nasdaq 100 gained 0.7%, helped by strong AI-related companies. Treasury yields fell, with the 10-year yield down to 4.67%. Oil remained around $83 a barrel, keeping inflation risks elevated.

Stocks keep grinding higher. Bitcoin and ether aren't moving. @StocktonKatie of Fairlead Strategies joins Bits + Bips: The Interview to explain the divergence, and why the Clarity Act deadline could make or break this market. On @bitsandbips

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