Key TakeawaysThe S&P 500 added 1.7% on Tuesday, Aug. 13, as data showing softer-than-expected gains in wholesale prices reinforced rate-cut expectations.Starbucks shares soared after the coffee giant announced it hired Chipotle CEO Brian Niccol as its new top executive. Shares of Chipotle tumbled.Baxter International shares moved lower after the medtech firm announced the sale of its kidney health unit. Major U.S. equities indexes jumped higher after the latest Producer Price Index (PPI) data showed a lower ...