Overview

• The S&P 500 rose 0.30% and the Nasdaq added 0.03% to fresh highs, while the Dow fell 0.48%.
• CME’s FedWatch shows expectations centered on a quarter‑point cut on Sept. 16–17, with a softer CPI potentially pointing to a half‑point move according to analysts.
• August producer prices unexpectedly slipped 0.1% month over month, with headline PPI at 2.6% year over year and core at 2.8%, drawing little market reaction.
• The 10‑year Treasury yield eased to about 4.04% by early evening from 4.09% the prior close.
• Oracle jumped roughly 36% on aggressive cloud revenue targets as the Wall Street Journal reported a about $300 billion OpenAI contract, while Potbelly surged on a $566 million RaceTrac deal and Klarna closed up 15.8% after its NYSE debut.