S&P 500 Gains and Losses Today: Progressive, Schwab Boosted by Strong Monthly Updates

Key TakeawaysThe S&P 500 advanced 0.4% on Wednesday, Aug. 14, 2024, as the latest CPI data showed inflation ticked lower during July.Shares of Progressive and Charles Schwab moved higher after the insurer and financial services firm reported strong monthly results for July.Albemarle shares sank as diminished lithium prices remain an overhang on the largest producer of the metal. Major U.S. equities indexes ticked higher as the latest Consumer Price Index (CPI) data revealed that inflation cooled slightly mo ...