S&P 500 Rises Amid Wholesale Inflation Dip; Oracle Soars on AI Demand
The S&P 500 climbed 0.3% on September 10, 2025, as unexpected softening in wholesale inflation tempered market jitters ahead of the CPI release. Oracle shares surged 36% after bullish cloud infrastructure guidance tied to AI demand, while Synopsys tumbled on earnings misses.
Tech stocks diverged sharply. Oracle's forecast for major cloud customer additions underscored the AI boom's infrastructure demands, contrasting with Synopsys' chip design software struggles. The Nasdaq eked out a 0.1% gain to extend its record streak.
Market momentum hinges on Thursday's inflation data. Today's PPI surprise suggests easing price pressures, potentially easing Fed policy constraints. crypto markets remained sidelined as traditional equities dominated attention.
