U.S. stocks inch higher as chip stocks aim to recover, wholesale inflation comes cooler

Wall Street's major averages rose on July 15, 2026, with the S&P 500 up 0.4% as semiconductor stocks recovered from early declines. Wholesale inflation data came in cooler than expected, fueling optimism about the economic outlook and potential Federal Reserve policy actions.

Why it matters: Falling bond yields further supported equity prices, while SpaceX shares momentarily dipped below $135 amid the session.