Stocks Bounce After a Four-Day Slide, but a Binary Fed Looms
The S&P 500 added 0.86% to close Friday at 7,656.98, snapping a four-session slide on an in-line inflation print and a fresh AI capital-spending commitment from Oracle. The advance had real breadth, nine of eleven sectors higher and the equal-weight fund tracking essentially with the cap-weighted index, which is why this reads as a legitimate bounce rather than another megacap mirage.
Key Takeaways The S&P 500 rose 0.86% to 7,656.98 on Friday, ending a four-day slide, with SPY closing at 764.29. August CPI ran 3.4% year over year, in line with expectations, after core rose 0.3% on the month. Oracle's $90-95 billion FY2027 capex target powered tech leadership, lifting Dell and Hewlett Packard…
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