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PPI data was lower than expected, and the three major U.S. stock indexes opened higher

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2024-08-13 21:30:34
On August 13, the U.S. stock market opened, with the three major stock indexes rising. The Dow rose 0.22%, the S & P 500 rose 0.63%, and the Nasdaq rose 1%. After the U.S. PPI data in July was lower than expected. Starbucks (SBUX. O) rose more than 18%, appointing Brian Niccol as chairperson and CEO. Huya (HUYA. N) rose 9%, announcing an extension of its share buyback program and a special dividend.