Stocks Get Tech Boost Despite Pickup in Inflation | The Close 5/13/2026

THIS IS THE CLOSE. ROMAINE: THE HOTTEST INFLATION IN FOUR YEARS IS NOT ENOUGH TO CLOSE THE HOTTEST TECH RALLY IN A GENERATION. LIVE FROM STUDIO 2 AT BLOOMBERG HEADQUARTERS, I AM ROMAINE BOSTICK. KATIE: WE ARE KICKING OFF UNTIL A CLOSING BELL IN THE U.S. YOU LOOK AT THE S&P 500, HIGHER BY 0.6%. IT IS BIG TECH THAT IS POWERING THOSE GAINS. THE NASDAQ 100 HIGHER BY 1%. WE GET CISCO EARNINGS AFTER THE BELL. THEN YOU LOOK HERE, MORE GOOD NEWS WHEN IT COMES TO THE CROSS ATLAS LANDSCAPE. BRENT CRUDE OIL LOWER B ...