2025-08-16
4 分钟Hey listeners, it's Saturday, August 16th.
I'm Liz Young for The Wall Street Journal, and this is What's News in Markets,
our look at the biggest stock moves of the week and the news that drove them.
Let's get to it.
Investors this week have been digging into all kinds of economic data.
The producer price index showed prices rose 0.9% in July.
That was the largest monthly increase in more than three years.
Consumer prices were up 2.7% in July from a year earlier, unchanged from June's gain.
The Commerce Department said this week that retail sales climbed 0.5% in July,
in line with economists' expectations.
But, according to the University of Michigan survey,
consumer sentiment fell for the first time in four months while inflation expectations picked up.
The Dow Industrial set a new intraday record on Friday,
fueled by Warren Buffett's Berkshire Hathaway taking a stake in UnitedHealth.
But by mid-morning, the Dow had pulled back.
In the end, the Dow closed the week up 0.1% and just shy of a record close.
The S&P 500 and Nasdaq Composite both declined.
Intel shares rallied this week on reports that the U.S. could become a shareholder of the chipmaker.
As we reported,
President Trump discussed the idea on Monday during a meeting with Intel's CEO, Lip Bhutan.