Finance

Wall Street benchmarks rose on the back of strong corporate earnings from artificial intelligence infrastructure players. Super Micro Computer advanced substantially after delivering quarterly profits that significantly beat expectations, while AI cloud provider CoreWeave surged following an upward revision to its annual capital spending forecasts.

Major digital assets edged higher as the broader market digested recent economic data and shifting interest rate projections. Bitcoin traded near the $64,200 threshold, while Ethereum climbed back above $1,900, as risk-asset investors reacted favorably to the softening of domestic inflationary pressures.

U.S. government bond yields experienced slight downward pressure following the release of the benign consumer price index. The benchmark 10-year Treasury yield trended down toward 4.68%, and the policy-sensitive 2-year note flatlined as market participants lightened bets on additional monetary tightening this year.