Wall Street extends gains as cooling inflation and bank earnings lift sentiment

Markets/Reuters/
Wall Street extends gains as cooling inflation and bank earnings lift sentiment
Illustration

US stocks extended their advance on Wednesday, with the S&P 500 up 0.4%, the Nasdaq 0.6% and the Dow 0.3%. June producer prices fell more than expected, a day after cooler consumer inflation, pulling Treasury yields lower and trimming rate-hike bets. Strong results from BlackRock and Morgan Stanley kept the big banks' earnings streak going, though chip stocks lagged.

3 sources

  1. 01CNBC — Stock market news for July 15, 2026cnbc.com
  2. 02Zacks via Yahoo Finance — Stock Market News for July 15, 2026finance.yahoo.com
  3. 03Investing.com — Wall St edges higher with earnings in focus; chip stocks retreat (Reuters)investing.com