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AI stocks stabilize Nasdaq despite hot inflation and rising Treasury yields shaking other sectors.

Market News
13 May 2026
FXEmpire
View Source
Neutral
pluang ai news

US stocks showed mixed performance as strong Producer Price Index (PPI) inflation data pushed Treasury yields to multi-month highs, dampening hopes for Federal Reserve rate cuts. The Dow and S&P 500 struggled due to pressure on rate-sensitive sectors like financials, retail, and housing. However, Nvidia and other AI-related semiconductor stocks supported the Nasdaq, keeping it stable amid broader market weakness. Elevated oil prices continue to fuel inflation, limiting the Fed's ability to ease rates, while investors watch key technical levels for signs of market direction.

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