First Squawk(@FirstSquawk):S&P 500 GAINS 0.3% TO 7,748 AS TAME JULY CPI EASES FED HIKE FEARS; MARKETS NOW PRICE 62% ODDS OF A SEPTEMBER RATE HOLD, WHILE NASDAQ RISES 0.55% ON AI STOCK STRENGTH. GOLD JUMPS ABOVE $4,400 AS LOWER RATE-HIKE BETS SUPPORT BULLION, WHILE OIL AND HORMUZ RISKS KEEP INFLATION CONCERNS ALIVE; BRENT REMAINS ELEVATED AROUND $89.

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First Squawk@FirstSquawk

2026.08.12 20:25

S&P 500 GAINS 0.3% TO 7,748 AS TAME JULY CPI EASES FED HIKE FEARS; MARKETS NOW PRICE 62% ODDS OF A SEPTEMBER RATE HOLD, WHILE NASDAQ RISES 0.55% ON AI STOCK STRENGTH. GOLD JUMPS ABOVE $4,400 AS LOWER RATE-HIKE BETS SUPPORT BULLION, WHILE OIL AND HORMUZ RISKS KEEP INFLATION CONCERNS ALIVE; BRENT REMAINS ELEVATED AROUND $89.