Markets Digest: Defensive Rotation Lifts Utilities and Real Estate as Tech Holds — Eyes on CPI

from Alpha Casts - AI Market Intelligence

Stocks closed mixed as investors shifted into defensive sectors ahead of a fresh inflation print. The S&P 500 and Nasdaq closed higher while small-caps lagged, with individual headlines — from Cerebras’s earnings shock to Cisco’s post-earnings drop — driving intra-day volatility.

Episode metadata supplied by the publisher feed · Published Aug 12, 2026

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