Market Open: Stocks Rise, Oil Dips, Producer Prices Tame in July • 8/13/26

CNBC business news update. Market opened Thursday. Wholesale inflation came in cooler than expected month overmonth for July and the major averages were higher out of the gate this morning.The Dow up 144 points. It's being led higher by shares of Microsoft which are up more than 1%. The S&P 500 index up 34 points.The Nasdaq popping 142 points. That's a half percent. Chipmaker shares mostly in the green. Cisco shares weighing on the NASDAQ.They are down 8% this morning. The producer price index for July show ...