
Stocks were mixed to start the holiday-shortened week as investors looked ahead to this Friday's key inflation update. Despite the diverging price action, one of the three main benchmarks ended the day at a new record closing high.
Specifically, the Nasdaq Composite rose 0.6% to 17,019, its highest finish ever. The S&P 500, meanwhile, eked out a marginal gain at 5,306, and the Dow Jones Industrial Average fell 0.6% to 38,852.