S&P 500 rises as Wall Street seeks cues from the Federal Reserve at

As investors continue to ride out market volatility, some participants are increasingly turning to a growth at a reasonable price strategy — GARP — which offers investors the best of value and growth investing styles.

CNBC Pro screened for mid-cap stocks that meet the GARP criteria, and found some interesting names that made the cut.

Read the full CNBC Pro story here.

— Sarah Min

Travel stocks rose on Thursday, with shares of cruise companies Royal Caribbean, Carnival and Norwegian Cruise Line jumping more than 4% each. Airline stocks United, Delta and American gained 1.7%, 1.4% and 2.7%, respectively.

Casino stocks Wynn Resorts and Las Vegas Sands rose more than 2%, while hotel giants Hilton and Marriott added 1% each.

— Samantha Subin

Here are three stocks making headlines in midday trading:

Snowflake – Shares surged 20% after the cloud data platform provider surpassed revenue expectations in its most recent quarter. Snowflake said product revenue grew 83% year over year.

Salesforce — The stock fell about 5.6% after Salesforce issued disappointing guidance for fiscal 2023. Still, the software company beat earnings and revenue expectations, and approved a $10 billion stock buyback program, a first for the company.

Dollar Tree — Shares plunged 10% after the discount retailer cut its full-year forecast. Dollar Tree reported an earnings beat and a revenue miss.

Check out more midday movers here.

— Michelle Fox, Sarah Min

All dollar stores are not created equal. Look at what’s happening between Dollar General and Dollar Tree if you want proof.

Both dollar stores beat earnings forecasts, but what’s important lies within the retailers’ outlooks.

Dollar General raised its same-store sales guidance for the fiscal year and it’s now above Wall Street’s expectations. Meanwhile, Dollar Tree gave fiscal third-quarter revenue forecast that was a bit below consensus and issued an earnings estimate that was way below Street expectations.

Dollar General said it’s seeing plenty of customers visiting its stores to buy food and groceries.

CNBC Pro subscribers can read the full story here.

—Robert Hum

It doesn’t matter what the Federal Reserve says out of its Jackson Hole symposium if Wall Street gets the sense that inflation isn’t coming down, according to Aureus Asset Management’s Karen Firestone.

“If we get a real sense that inflation is entrenched, and we’re at 9% inflation or something like that, no one is happy about that,” Firestone said Thursday on CNBC’s “Halftime Report.” “It doesn’t matter what [the Fed will] say — 50, 75, 100…