Dow, S&P 500 end at records after US inflation report

Closely-watched US report shows inflation moderating in July

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Reuters
Reuters
Reuters

New York: Major US stock indices ended at records for the second session in a row on Wednesday after a closely-watched US report showed inflation moderating in July.

At the closing bell, the Dow Jones Industrial Average stood at 35,288.39, up 0.6 per cent for its second straight record.

The broad-based S&P 500 also ended at a fresh record, up 0.3 per cent at 4,447.76, while the tech-rich Nasdaq Composite Index slipped 0.2 per cent to 14,764.17.

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