The S&P and NASDAQ indices close at record levels. The Dow industrial average lags
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The S&P and NASDAQ indices closed at record levels despite higher-than-expected PPI inflation data. The NASDAQ closed at 26,402.34, surpassing its previous high from May 11, while the S&P closed at 7,444.24, also above its May high. In contrast, the Dow industrial average fell by 68.01 points to 49,697.96, remaining below its May high. The Russell 2000 remained nearly unchanged. Final index numbers: Dow -0.14%, S&P +0.58%, NASDAQ +1.20%, Russell 2000 +0.04%.
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