S&P 500 Keeps Record Momentum Alive Despite Strong PPI Data
A worker assembles window latches at a manufacturing facility in Pella, Iowa.
Photographer: Sergio Flores/BloombergUS stocks managed to overcome a hotter-than-expected wholesale inflation reading on Thursday to notch another record high.
The S&P 500 Index closed the session little changed, but with a slight gain to extend the record run. Meanwhile, the Nasdaq 100 Index closed down 0.1%.