{"id":71680,"date":"2026-09-11T12:07:14","date_gmt":"2026-09-11T16:07:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-rally-and-soft-inflation-data-propel-markets-higher-midday\/71680\/"},"modified":"2026-09-11T12:07:14","modified_gmt":"2026-09-11T16:07:14","slug":"tech-rally-and-soft-inflation-data-propel-markets-higher-midday","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-rally-and-soft-inflation-data-propel-markets-higher-midday\/71680\/","title":{"rendered":"Tech Rally and Soft Inflation Data Propel Markets Higher Midday"},"content":{"rendered":"<p>U.S. equity markets are showing robust strength during midday trading on Friday, September 11th, 2026. Investors are reacting positively to a combination of cooling inflation data and a significant resurgence in the technology sector. The prevailing market momentum is decidedly bullish, as participants gain confidence that the Federal Reserve may have successfully navigated a &quot;soft landing&quot; for the economy.<\/p>\n<h2>Major Indexes Show Broad Gains<\/h2>\n<p>The midday session is characterized by broad-based buying, with technology leading the charge. The tech-heavy Invesco QQQ Trust (<a href=\"\/stock\/QQQ\">QQQ<\/a>) is the standout performer among the major index trackers, rising 1.19%. This surge is closely followed by the State Street SPDR <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> ETF Trust (<a href=\"\/stock\/SPY\">SPY<\/a>), which has climbed 1.08%, and the State Street SPDR <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average ETF Trust (<a href=\"\/stock\/DIA\">DIA<\/a>), which is up 1.05%.<\/p>\n<p>Small-cap stocks are also participating in the rally, though at a slightly more measured pace, with the iShares Russell 2000 ETF (<a href=\"\/stock\/IWM\">IWM<\/a>) gaining 0.7%. Market volatility has retreated significantly as the &quot;fear gauge&quot; falls, evidenced by the iPath Series B S&amp;P 500 VIX Short-Term Futures ETN (<a href=\"\/stock\/VXX\">VXX<\/a>) dropping 4.56%.<\/p>\n<h2>Technology and Semiconductors Lead Sector Performance<\/h2>\n<p>The technology sector is the primary engine of today\u2019s growth. The State Street Technology Select Sector SPDR ETF (<a href=\"\/stock\/XLK\">XLK<\/a>) is up 1.69%, bolstered by a massive rally in semiconductors. The VanEck Semiconductor ETF (<a href=\"\/stock\/SMH\">SMH<\/a>) has jumped 2.13% as demand for artificial intelligence infrastructure remains insatiable.<\/p>\n<p>Among individual movers, Oracle Corp (<a href=\"\/stock\/ORCL\">ORCL<\/a>) is a major headline maker today, with its stock price surging 7.5% following positive sentiment surrounding its cloud infrastructure expansion. <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> Corp (<a href=\"\/stock\/NVDA\">NVDA<\/a>) continues its dominant run, rising 1.3% in heavy midday trading. <a href=\"https:\/\/stockmarketwatch.com\/stock\/MU\" data-internallinksmanager029f6b8e52c=\"20\" title=\"Stock: MU\">Micron<\/a> Technology, Inc. (<a href=\"\/stock\/MU\">MU<\/a>) is also seeing significant action, up 1.7%.<\/p>\n<p>In the retail space, The Kroger Co. (<a href=\"\/stock\/KR\">KR<\/a>) reported its Q2 2026 earnings before the opening bell. The grocery giant posted an estimated EPS of $1.05 on revenue of approximately $34.65 billion. The results have contributed to a 1.21% rise in the State Street SPDR S&amp;P Retail ETF (<a href=\"\/stock\/XRT\">XRT<\/a>).<\/p>\n<h2>Economic Data and Upcoming Events<\/h2>\n<p>The market&#39;s upward trajectory is supported by the latest Producer Price Index (PPI) data, which came in slightly cooler than economists expected. This follows yesterday&#39;s Consumer Price Index (CPI) report, collectively suggesting that inflationary pressures are stabilizing.<\/p>\n<p>Investors are now looking ahead to the Federal Reserve&#39;s policy meeting scheduled for next week. While a rate hike is considered highly unlikely, the market is closely watching for signals regarding the timing of potential rate cuts in late 2026.<\/p>\n<p>Looking further into next week, the earnings calendar remains active. On Thursday, September 17th, the market will receive key updates from Darden Restaurants, Inc. (<a href=\"\/stock\/DRI\">DRI<\/a>) before the open, followed by highly anticipated reports from FedEx Corporation (<a href=\"\/stock\/FDX\">FDX<\/a>) and Lennar Corporation Class A (<a href=\"\/stock\/LEN\">LEN<\/a>) after the close. These reports will provide critical insights into the health of American consumer spending and the housing market.<\/p>\n<h2>Commodity and International Markets<\/h2>\n<p>In the commodities space, precious metals are shining as the dollar softens. The iShares <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a> Trust (<a href=\"\/stock\/SLV\">SLV<\/a>) is up 1.33%, while the SPDR <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> Trust (<a href=\"\/stock\/GLD\">GLD<\/a>) has gained 1.09%. Conversely, energy prices are under pressure, with the United States Oil Fund, LP (<a href=\"\/stock\/USO\">USO<\/a>) sliding 2.82% midday.<\/p>\n<p>International markets are also riding the wave of global optimism. The iShares MSCI Emerging Markets ETF (<a href=\"\/stock\/EEM\">EEM<\/a>) is up 1.46%, and the iShares MSCI EAFE ETF (<a href=\"\/stock\/EFA\">EFA<\/a>) has climbed 1.09%, reflecting a synchronized global recovery in risk appetite.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. equity markets are showing robust strength during midday trading on Friday, September 11th, 2026. Investors are reacting positively to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94,6824],"tags":[4380,5043,187,338,633,3710,3712,3764,3806,3807,4223],"class_list":["post-71680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","category-featured","tag-stock-market","tag-technology","tag-kr","tag-orcl","tag-nvda","tag-federal-reserve","tag-cpi","tag-ppi","tag-spy","tag-qqq","tag-inflation"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=71680"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=71680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=71680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=71680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}