0812 | Cool Inflation Lifts Stocks; Wendy's Bid, Treasury Yields at 2007 High

U.S. stocks climbed off a two-day slide after July's consumer price report came in right in line with expectations, with cooling core inflation easing pressure on the Federal Reserve ahead of its September meeting. The session was fueled by a tech rally, led by a double-digit premarket surge in CoreWeave on doubled revenue from booming AI demand. Elsewhere, Wendy's jumped to a seven-week high on a reported take-private bid from Nelson Peltz's Trian, a $42 billion auction of 10-year Treasuries cl Timeline: 00:00:00 Opening 00:00:44 US Stocks Close Higher on In-Line CPI 00:01:50 Cooling Core Inflation Eases Fed Pressure 00:02:41 Wendy's Jumps on Trian Take-Private Report 00:03:24 US 10-Year Auction Clears at 2007-Era Yields 00:04:20 CoreWeave Surges on Doubled Revenue 00:05:16 Oil Mixed as Hormuz Talks Stay Deadlocked View episode details → https://bri.so/show/episode/019ff7fe-0670-712c-85e9-cb5e0989acaf This episode is produced by Bri. Bri uses advanced AI technology to turn the feeds you care about into podcasts made for listening. https://bri.so Contact us at [email protected].