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Barchart
Rich Asplund

Nasdaq 100 Posts a New Record High on Strength in AI Hardware Stocks

Elon Musk United States Goldman Sachs RH Tesla Inc.

The S&P 500 Index ($SPX) (SPY) today is up +0.23%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.41%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.73%.

Stock indexes today are mixed, with the Nasdaq 100 posting a new all-time high.  Stocks rose, and bond yields fell, after the US May producer prices unexpectedly eased. Also, weekly jobless claims unexpectedly rose to a nearly 10-month high, bolstering the outlook for a Fed rate cut later this year.

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