US Stocks Open Higher on Mild Inflation Data; Storage, Semiconductor, Optical Communication, and NeoCloud See Broad Gains

August 12th, Today's U.S. stock market opened higher as it embraced moderate inflation data. According to Bitget market data, the Dow rose by 0.33%, the S&P 500 rose by 0.49%, and the Nasdaq rose by 0.9%.

On the individual stock side, according to BIT (bit.com) market data, storage, chip, optical communication, and neocloud stocks surged across the board, with SanDisk up by 6.9%, SK Hynix up by 5.8%, Micron Technology up by 5.5%.

Among neocloud stocks, CRWV rose by 22%, NBIS rose by 15.21%, IREN rose by 10%.

Among optical communication concept stocks, LITE rose by 9.88%, GLW rose by 5.64%, AAOI rose by 4.71%, MRVL rose by 6%.