Stocks Rebound as Cooling Inflation and Strong Retail Sales Lift Markets

Major indexes secure best week of the year, fueled by positive economic data and easing recession fears.

Inflation reports for July showed minimal increases, with both CPI and PPI below expectations.
Retail sales surged by 1.0% in July, significantly higher than the anticipated 0.4%.
Major indexes, including the S&P 500 and Nasdaq, erased early August losses and posted their best week since November.
Investors adjusted their expectations for Federal Reserve rate cuts, now favoring a 0.25% reduction in September.
Gold prices surged above $2,500 an ounce, driven by persistent inflation concerns and geopolitical risks.