Algo v0.31
Substrate
finance

S&P 500 Closed Lower Tuesday With 83% Chance of Rebound at Wednesday Open

The S&P 500 fell 0.16% to close at 7,400.96 on Tuesday after touching record highs earlier in the week. Rising oil prices and inflation concerns weighed on technology shares. Polymarket traders placed an 83% probability on the index opening higher on Wednesday.

Benzinga
nbcnews.com
thestockmarketwatch.com
hollywoodreporter.com
4 sources·May 13, 8:20 AM(7 hrs ago)·1m read|
S&P 500 Closed Lower Tuesday With 83% Chance of Rebound at Wednesday Openbenzinga.com
Audio version
Tap play to generate a narrated version.

The S&P 500 slipped from record levels on Tuesday as rising oil prices and sticky inflation concerns pressured technology shares. The benchmark index closed 0.16% lower at 7,400.96 after reaching fresh highs earlier this week. A May 13 contract on Polymarket showed an 83% chance that the index would open higher on Wednesday.

This betting market reflects trader expectations for the opening direction after Tuesday's modest decline. Investor focus has shifted toward inflation after April consumer prices rose at the fastest annual pace in nearly three years. Markets are now awaiting April's producer price index data due Wednesday morning.

Economists polled by Dow Jones provided expectations for the producer price index release. The data will offer further insight into inflation trends following the consumer price report. The S&P 500's performance on Tuesday came amid these inflation signals.

Technology shares faced particular pressure from the combination of higher oil prices and inflation worries.

Key Facts

S&P 500 close
7,400.96 after 0.16% decline
Polymarket probability
83% chance of higher open
April CPI
fastest annual pace in nearly three years
PPI data
due Wednesday morning
marketsinflationsandp-500polymarketppi-data

Story Timeline

3 events
  1. 2026-05-12

    S&P 500 closed at 7,400.96 after 0.16% decline.

    1 sourceBenzinga
  2. 2026-05-13

    Polymarket shows 83% chance of higher open.

    1 sourceBenzinga
  3. 2026-05-13

    April producer price index data scheduled for release.

    1 sourceBenzinga

Potential Impact

  1. 01

    Producer price index data may influence Federal Reserve rate decisions.

  2. 02

    Technology sector shares could see continued volatility from inflation data.

  3. 03

    Oil price movements may affect broader market sentiment in coming sessions.

Transparency Panel

Sources cross-referenced4
Confidence score65%
Synthesized bySubstrate AI
Word count152 words
PublishedMay 13, 2026, 8:20 AM
Bias signals removed3 across 1 outlet
Signal Breakdown
Framing 1Loaded 1Editorializing 1
Original Sources
BenzingaWill S&P 500 Open Up Or Down On Wednesday?nbcnews.comKing Charles III enters stage of Britain’s political drama as PM Starmer faces down challengersvia searchthestockmarketwatch.comTech Sector Retreats and Oil Prices Surge as Markets Open Lower on Tuesdayvia search

Related Stories

South Carolina Supreme Court Overturns Alex Murdaugh Murder Convictions and Orders New TrialForbes
finance1 hr agoFraming65Framing risk65/100Rewrite inherits heavy consensus framing from sources by centering the clerk's dramatic 'interference' and using loaded judicial metaphors while burying the substantive legal issues.Click to jump to full framing analysis

South Carolina Supreme Court Overturns Alex Murdaugh Murder Convictions and Orders New Trial

In a unanimous ruling issued May 13, 2026, the court found that Colleton County Clerk of Court Rebecca Hill engaged in jury interference by commenting on the defendant's credibility and urging jurors to reach a quick verdict. The decision orders a new trial in the 2021 killings o…

Forbes
The Bbc
The Hill
AB
CBS News
+37
44 sources
U.S. House to Debate Resolution Directing Removal of American Forces From Iran Hostilitiesfoxnews.com
finance3 hrs agoFraming55Framing risk55/100Rewrite inherits consensus framing by leading with congressional process over substantive Iran policy shift and embeds unchallenged Iranian spokesperson claims.Click to jump to full framing analysis

U.S. House to Debate Resolution Directing Removal of American Forces From Iran Hostilities

The House of Representatives is scheduled to debate a resolution invoking the War Powers Act to remove U.S. armed forces from hostilities against Iran. The measure comes amid recent military exchanges between the two nations. Separately, gunshots were reported inside a senate bui…

FI
DI
MA
3 sources
Boston Fed President Collins: Policy Well Positioned After Higher-Than-Expected PPI Datacnbc.com
finance1 hr agoFraming75High framing risk75/100Lede and title center on Collins' remarks and event rather than the core substantive news of much-higher-than-expected PPI data; heavy consensus framing inherited from sources.Click to jump to full framing analysis

Boston Fed President Collins: Policy Well Positioned After Higher-Than-Expected PPI Data

Susan M. Collins delivered remarks in Boston on May 13, 2026, stating that current monetary policy is well positioned but that rates may need to stay restrictive for an extended period. U.S. producer prices rose sharply in the latest reading, exceeding economist estimates on both…

DE
LI
Bloomberg
Coindesk
IN
5 sources