๐ S&P 500 hits record 7,799 โ back-to-back cool inflation prints spark Thursday rally
The S&P 500 closed at 7,799 Thursday, an all-time high, after the Producer Price Index came in softer than expected โ the second straight tame inflation reading following Wednesday's CPI. The Nasdaq gained 0.8% to 26,803 and the Dow added 0.1% to 53,840, with tech and AI-linked names leading. Bulls are pointing to rate-cut runway and strong earnings; bears say valuations at these levels are stretched. Not financial advice. Are you adding at record highs or keeping powder dry?
