Wall Street tries to shake off a rough week as another inflation test looms | Fortune

Stock Market Today: S&P 500, Dow Futures Rise as July Inflation Cools—Cisco Systems, Netflix, Applied Mat

CPI July 3.4% YoY; S&P 500 and Dow futures up as BlackRock projects 11.6% annual earnings growth fueled by AI buildout. AI infrastructure—chips, power, data centers—becomes capex priority as higher capital costs reshape IT budget allocation.