Markets News, Aug. 12, 2025: S&P 500, Nasdaq Close at Record Highs as Stocks Surge After CPI Report Boosts Rate-Cut Hopes

general • 8/12/2025

Stocks rose sharply Tuesday after highly anticipated inflation numbers came in largely as expected and reinforced expectations that the Federal Reserve will cut interest rates soon.

Biggest S&P 500 Movers on Tuesday Advancers Spirit Aviation Holdings (FLYY) warned it may be unable to continue operations, citing an insufficient cash supply and difficulties in navigating operational challenges. Shares of the low-cost airline, whic... [18210 chars]