
S&P Hits New High Amid Inflation Concerns & Policy Shifts
Published on: Aug. 15, 2025, 5:26 a.m. | Source: Devdiscourse
The S&P 500 reached a closing high despite mixed performance on Wall Street. A surge in producer prices raised inflation concerns and impacted interest rate cut expectations. Other major news includes Costco halting mifepristone sales, increased GLP-1 drug usage, and legal rulings affecting NFL arbitration and foreign aid funding.