AllPennyStocks.com Stocks Rise on Big Tech Gains
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Stocks Rise on Big Tech Gains

July 15,2026 12:13 PM EST

Stocks Rise on Big Tech Gains

Stocks rose on Wednesday, led by gains in major technology stocks, as traders reacted to more data showing inflation is cooling.

The Dow Jones Industrials galloped 124.34 points to 52,632.61.

The S&P 500 index squeezed up 4.28 points to 7,547.87

The NASDAQ Composite regained 126.95 points to 26,233.95.

Shares of Big Tech companies bolstered the market. Tesla moved up 2%, while Amazon, Apple, Microsoft and Alphabet climbed more than 1%. Additionally, shares of SpaceX added nearly 2%.

On Wednesday, the produce price index unexpectedly fell 0.3% in June, while economists had expected it to be unchanged on the month.

That follows Tuesday’s cooler-than-expected consumer price index report, which bolstered hopes that the Fed may not need to raise interest rates as aggressively this year. The report prompted traders to scale back expectations for near-term Fed tightening.

Prices for the 10-year Treasury hiked, lowering yields to 4.55% from Tuesday’s 4.59%. Treasury prices and yields move in opposite directions.

Oil prices staggered 60 cents to $78.74 U.S. a barrel.

Gold prices faded $13.90 to $4,055.80 U.S. an ounce.

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