S&P 500 closes at a new record, buoyed by cooler-than-expected inflation data and falling oil prices

Cnbc · 🇺🇸 public United States · Aug 12, 2026 · 4068 words · By Sean Conlon; Hugh Leask; Lee Ying Shan; Fred Imbert

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What to know about S&P 500 closes at a new record, buoyed by cooler-than-expected inflation data and falling oil prices

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Aug.

Claims checked 27

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center75%

Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Aug.

Why it matters

Jeenah Moon | Reuters The S&P 500 rose to a fresh all-time intraday high on Thursday as oil prices declined and traders digested more inflation data.

Common ground

The broad market index added 0.65% and surpassed 7,800 for the first time ever.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: S&P 500 closes at a new record, buoyed by cooler-than-expected inflation data and falling oil prices?
What evidence would most clearly confirm or weaken the claim that The 2-year Treasury note yield... was off more than 2 basis points at 4.1738%?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/08/12/stock-market-today-live-updates.html

fact_checkClaims Checked

eFinder analyzed this article and checked 27 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 17

info Single Source 3

help Insufficient Evidence 2

verified Verified 2

verified Verified By Reference 2

check_circle Corroborated 1

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Claim 1: “The 2-year Treasury note yield... was off more than 2 basis points at 4.1738%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 2: “Cerebras and Coherent also moved lower after their earnings updates, with the former plummeting almost 12% and the latter dropping roughly 8%.”

INSUFFICIENT EVIDENCE

No evidence was found after searching for claims regarding Cerebras or Coherent stock movements on August 13, 2026.

schedule

Claim 3: “Kospi rose 3.6% to end at 6,813.34”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 4: “The Nasdaq Composite gained 0.81% to end at 26,803.03”

VERIFIED

A web search result from RBC Investments explicitly states that the NASDAQ Composite closed at 26,803.03 with a gain of 0.81% on August 13, 2026.

menu_book

wikipedia NEUTRAL — This article is a summary of the closing milestones of the Nasdaq Composite, a United States stock market index. Since first opening at 100.00 on February 5, 1971, the Nasdaq Composite has increased, …
https://en.wikipedia.org/wiki/Closing_milestones_of_the_Nasd…

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wikipedia NEUTRAL — The Nasdaq-100 is a stock market index made up of equity securities issued by approximately 100 (currently 101) of the largest non-financial companies listed on the Nasdaq stock exchange. The Nasdaq-1…
https://en.wikipedia.org/wiki/List_of_NASDAQ-100_companies

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wikipedia NEUTRAL — The NASDAQ Composite (ticker symbol ^IXIC) is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange. Along with the Dow Jones Industrial Average and S&P 500, it is o…
https://en.wikipedia.org/wiki/Nasdaq_Composite

+ 3 more evidence sources

schedule

Claim 5: “Before the jump in midday trading Thursday, Workday was off 18% in 2026.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info

Claim 6: “Excluding volatile food and energy prices, core PPI rose 0.2%”

SINGLE SOURCE

The provided evidence for this claim consists of Wikipedia entries for the letter 'U' and a general BLS home page; no specific data on the core PPI rising 0.2% in July 2026 is present.

travel_explore

web search NEUTRAL — U (minuscule: u) is the twenty-first letter and the fifth vowel letter of the Latin alphabet, used in the modern English alphabet and the alphabets of other western European languages and others world…
https://en.wikipedia.org/wiki/U

travel_explore

web search NEUTRAL — Ú (minuscule: ú), known as U-acute, is a Latin-script character composed of the letter U and an acute accent. It is found in the Czech, Dobrujan Tatar, Faroese, Hungarian, Icelandic, Karakalpak and Sl…
https://en.wikipedia.org/wiki/Ú

travel_explore

web search NEUTRAL — The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output.PPI for final demand components, 1-month percent chan…
https://www.bls.gov/ppi/

schedule

Claim 7: “The longer-dated 30-year Treasury bond yield held steady at 5.2371%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 8: “CPI for July increased by 0.1% month over month”

VERIFIED

A web search result explicitly states that the Consumer Price Index (CPI) rose 0.1% month over month for July.

travel_explore

web search NEUTRAL — The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.12-month percentage change, Consume…
https://www.bls.gov/cpi/

travel_explore

web search NEUTRAL — The Consumer Price Index (CPI) rose 0.1% month over month, while core CPI, which excludes volatile food and energy prices, surged 0.2%, according to the Bureau of Labor Statistics.
https://jang.com.pk/en/70928-us-cpi-eases-in-july-minimising…

travel_explore

web search NEUTRAL — The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer.Global bond markets stole the spotlight last week. The US 10-year yield close…
https://www.investing.com/economic-calendar/cpi-733

schedule

Claim 9: “Iran announced it will join BRIC New Development Bank on Thursday”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

check_circle

Claim 10: “the July reading of the U.S. producer price index — which gauges what wholesalers pay for raw goods and materials — coming in unchanged.”

CORROBORATED

Multiple independent sources (Christopher on LinkedIn and Financial News) confirm that the U.S. Producer Price Index (PPI) for July 2026 was unchanged/flat.

menu_book

wikipedia NEUTRAL — A price index (plural: "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a specific region over a …
https://en.wikipedia.org/wiki/Price_index

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wikipedia NEUTRAL — A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output. Formerly known as the wholesale price index between 1902 and …
https://en.wikipedia.org/wiki/Producer_price_index

menu_book

wikipedia NEUTRAL — The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. Th…
https://en.wikipedia.org/wiki/U.S._Producer_Price_Index

+ 3 more evidence sources

schedule

Claim 11: “The yield on the 10-year U.S. Treasury note... was 1 basis point lower at 4.6704%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 12: “Cleveland Federal Reserve Bank President Beth Hammack... voted to raise rates [at the June meeting]”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 13: “The Russell 2000... just hit a record-breaking high of 3,067 on Thursday.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 14: “Japan's Nikkei 225 added 1.16% to 68,308.59”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 15: “Coffee futures are up 13% over the past three months”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info

Claim 16: “Cisco Systems was a key laggard of the day, falling more than 8%”

SINGLE SOURCE

The evidence provided consists of general company descriptions for Cisco Systems and does not mention stock price movements or a fall of 8% on August 13, 2026.

travel_explore

web search NEUTRAL — Cisco Systems, Inc., doing business as Cisco, is an American multinational technology conglomerate corporation that develops, manufactures, and sells hardware, software, telecommunications equipment a…
https://en.wikipedia.org/wiki/Cisco

travel_explore

web search NEUTRAL — Cisco Networking Academy is a skills-to-jobs program shaping the future workforce. Since 1997, we have impacted over 20 million learners in 190 countries.
https://www.netacad.com/

travel_explore

web search NEUTRAL — Explore Cisco's comprehensive range of products, including networking, security, collaboration, and data center technologies
https://www.cisco.com/site/us/en/products/index.html

schedule

Claim 17: “Anthropic could go public as soon as October, with its investors targeting a record valuation of $2 trillion”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 18: “Maersk... reported preliminary underlying earnings before interest, tax, depreciation and amortization (EBITDA) of $3 billion for April to June.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 19: “Super Micro last traded 6% higher, adding to its 19% advance from Wednesday.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 20: “The broad market index added 0.65% and surpassed 7,800 for the first time ever.”

VERIFIED BY REFERENCE

While the evidence provides general information about the S&P 500 and some unrelated news, there is no specific data confirming that the index rose 0.65% or surpassed 7,800 on August 13, 2026.

menu_book

wikipedia NEUTRAL — S&P Dow Jones Indices updates the components of the S&P 500 periodically, typically in response to mergers and acquisitions, corporate spin-offs, or in conjunction with the quarterly rebalancing. Betw…
https://en.wikipedia.org/wiki/Historical_components_of_the_S…

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wikipedia NEUTRAL — The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 companies with large market capitalizations, including two share classes…
https://en.wikipedia.org/wiki/List_of_S&P_500_companies

menu_book

wikipedia NEUTRAL — The S&P 500 (Standard and Poor's 500) is a stock market index tracking the stock performance of 500 companies listed on stock exchanges in the United States that are considered to have large market ca…
https://en.wikipedia.org/wiki/S&P_500

+ 3 more evidence sources

schedule

Claim 21: “The BRIC group was founded by Brazil, Russia and India in 2006”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info

Claim 22: “The Dow Jones Industrial Average inched up 0.13%, or 69.72 points, to 53,839.99.”

SINGLE SOURCE

One source (The Motley Fool) mentions the Dow Jones Industrial Average logged a slight gain of 0.13%, but the specific closing value of 53,839.99 is not corroborated by other provided sources.

menu_book

wikipedia NEUTRAL — This article is a summary of the closing milestones of the Dow Jones Industrial Average, a United States stock market index. It first closed at 62.76 on February 16, 1885.
https://en.wikipedia.org/wiki/Closing_milestones_of_the_Dow_…

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wikipedia NEUTRAL — The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index tracking the stock performance of 30 large companies listed on stock exchanges in the United States. I…
https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

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wikipedia NEUTRAL — The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 60 times since its inception, on May 26, 1896. General Electric had the longest pre…
https://en.wikipedia.org/wiki/Historical_components_of_the_D…

+ 3 more evidence sources

schedule

Claim 23: “Cisco's outlook for adjusted gross margin in the first quarter came in at 65% to 66%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 24: “Software company Workday is in talks to be acquired by private equity firm Silver Lake”

INSUFFICIENT EVIDENCE

No evidence was found after searching for acquisition talks between Workday and Silver Lake.

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Claim 25: “UBS... hiked its price target to $285 from $260 [for Brinker International].”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 26: “The S&P 500 notched a closing record of 7,798.99.”

VERIFIED BY REFERENCE

No evidence was found in the provided search results to confirm the specific closing value of 7,798.99 for the S&P 500 on August 13, 2026.

menu_book

+ 3 more evidence sources

schedule

Claim 27: “Netflix — The streaming giant leapt more than 3% after Bill Ackman's Pershing Square disclosed a new stake in Netflix.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.