The Dow rises as inflation cools and interest rate cuts look closer than ever
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In This Story DJIA NVDA GOOG INTC Stocks rose Wednesday morning as the July inflation rate met expectations, sparking hopes of interest rate cuts next month. Shortly after the market opened, the Dow gained 0.13% to 39,819. The tech-heavy Nasdaq and S&P 500 dipped a little, with 0.3% and 0.7%, respectively. Suggested Reading Intel just dumped its stake in chip maker Arm Texas is suing GM for collecting and selling drivers' data The Nvidia stock rebound has added more than $400 billion in market
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