The Consumer Price Index (CPI) for July came in line with expectations, causing a mixed reaction for US equities as the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) are rising, while the tech-heavy Nasdaq Composite (^IXIC) trades lower. The data is fueling hopes that the Federal Reserve will cut interest rates in September. Earnings also remain in focus, as investors eye Cisco's latest quarterly report this afternoon.

Trending tickers on Yahoo Finance include Alphabet (GOOG, GOOGL), Kellanova (K) and Nu Holdings (NU).

Top guests today include:

3:05 PM: Steven Rattner, Willett Advisors LLC Chairman and CEO - Fmr. head of Obama Auto Task Force
3:15 PM: José Torres, Interactive Brokers Senior Economist
3:45 PM: Peter Galbo, BofA Securities Senior Food & Beverage Analyst
4:15 PM: Jeff Taylor, Mphasis Digital Risk Founder
4:30 PM: Brett Keller, Priceline CEO