Wholesale inflation, an oil price spike, and surging bond yields collided in one trading day, and the S&P 500 fell 0.6% as a result.
Producer prices up 5.4% YoY, diesel +24.1%; Fed rate-hike probability jumps to 70%, oil hits $108. Rising borrowing costs pressure AI companies' data center capex; managers must cut infrastructure budgets and prioritize ROI.
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The producer price index (PPI), which measures wholesale prices in the U.S., rose 0.4% in August and 5.4% from a year ago. The monthly figure was in line with expectations, but the yearly figure came in 0.1% above what economists expected. Here's a look at some of the details:
Metric
MoM
Headline PPI (final demand)
Producer prices jump 0.4% in August as energy costs surge, keeping inflation pressure alive
Stock market today: Dow, S&P 500, Nasdaq rise as CPI remains sticky
US wholesale prices rose 5.4% in August: What it means for Fed rate decision
US CPI data triggers volatile market reaction as yields surge and stocks rebound
Wholesale prices rose 0.4% in August, as expected
U.S. wholesale inflation rose 5.4% annually in August 2026
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
Wall St climbs after August inflation report, oil price slide
US stocks today: US stocks open lower after hotter-than-expected producer inflation data
US PPI rises 5.4% YoY, exceeding expectations as energy prices surge
