US Stock Market Morning Session: Semiconductor stocks lead the gains, with NVIDIA up about 2%
In July, the US CPI data basically met expectations, with the Dow rising by 0.1%, the S&P 500 index up by 0.2%, and the Nasdaq up by 0.3%. Semiconductor stocks led the gains, with Micron Technology rising by about 3% and Super Micro Computer up by about 2%. Victoria's Secret rose by about 17%, with the company's second-quarter adjusted earnings per share exceeding expectations. Kellanova rose by about 7%, and Mars will acquire food manufacturer Kellanova for $83.50 per share in cash