Dow Gains Over 100 Points; Producer Prices Unchanged In July - Leslies (NASDAQ:LESL), XChange Tec (NASDAQ

Dow Gains Over 100 Points; Producer Prices Unchanged In July - Leslies (NASDAQ:LESL), XChange Tec (NASDAQ

U.S. producer inflation eased to 4.7% in July (from 5.5%), with PPI flat versus 0.2% expectations—reducing component and supply-chain cost pressure. Jobless claims ticked up; cooling inflation and positive equity sentiment favor IT capex and team expansion budgets, but labor market tightening threatens hiring cost growth.