S&P 500 Hits Record Highs Amid Cooling Inflation

The US stock market saw a mixed performance on Thursday as the S&P 500 ended at record highs, while data showed cooling inflation. The producer price index rose 4.7% in July 2025 after a 5.5% annual increase in June.

The S&P 500 ended 0.7% higher, with the Nasdaq 100 rising 1.2% and the Dow Jones Industrial Average adding 0.1%. Advanced Micro Devices Inc. raised nearly $5 billion in its largest-ever US-dollar bond offering.

Analyst Arun Sundaram at CFRA noted that Thursday's tame inflation print paired with last week's softer-than-expected jobs report may give Fed Chair Kevin Warsh more breathing room, potentially keeping rates on hold.