PWB is trading 1.6% up as August CPI reportedly matched forecasts at 3.4%, easing immediate fears of a hotter inflation surprise and supporting a broad U.S. equity rebound.
- Technology is leading, supported by strong Oracle cloud results and easing Treasury yields that are helping growth-stock valuations.
- Oracle’s 121% cloud-infrastructure growth is reinforcing AI and technology optimism.
- Elevated yields, oil prices, and NVIDIA’s DOJ scrutiny remain risks.