Stock Market Update Wednesday August 12, 2026 The July Consumer Price Index (CPI) report came in broadly in line with market expectations, easing concerns about a potential near-term acceleration in inflation and reducing pressure on the Federal Reserve to raise interest rates. Consumer prices increased 3.4% year-over-year, down modestly from 3.5% in June, while headline CPI rose 0.1% month-over-month. Following the report, Treasury yields moved lower, while money markets reduced the probability of a September rate hike, supporting broader risk appetite across financial markets.
Away From Stocks: U.S. Treasurys: The benchmark 10-Year Treasury Yield eased slightly to 4.67%. Oil: slipped to $82.60/bbl on a stockpile build. Gold: rose 0.60% to $4,467.90/oz. U.S. Dollar: The DXY Dollar Index climbed 0.16% to 99.96. Bitcoin: nudged slightly lower, trading near $63,506. VIX:dropped 4.78% to a 7-month low of 14.55.
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