business
Wall Street rises near a record as AI stocks climb and worries about inflation ease a bit
Summary by The Odessa Editorial Desk Associated Press , as published by Odessa American (oaoa.com)
· August 12, 2026
· 1 min read
Photo: Odessa American (oaoa.com) · view original
Story provenance No corrections
Summary created by The Odessa Editorial Desk — automated, rule-governed Byline on source page Associated Press, as published by Odessa American (oaoa.com) Original story Read at the source Source published Aug 12, 2026 Indexed here Aug 12, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The Nasdaq composite also saw a climb of 0.
Wall Street saw a rise on Wednesday, nearing a record high. This was partly due to AI stocks performing better than expected in the spring. A report also showed that inflation across the US was not as severe as previously thought in the last month.
3% increase, its first gain since reaching an all-time high on Friday. 5%. 1%.
Further details on the market's performance and the factors contributing to the rise are available from the Odessa American's source. Readers can find more information on the recent trends in AI stocks and the US inflation report.
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Category: business Published: August 12, 2026 Source: Odessa American (oaoa.com) Reading time: 1 min
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What is this story about? Wall Street saw a rise on Wednesday, nearing a record high. This was partly due to AI stocks performing better than expected in the spring. A report also showed that inflation across the US was not…
When was this published? This article was first published on August 12, 2026 by Odessa American (oaoa.com) and curated for The Odessa readers.
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