Nasdaq, S&P 500 Reach New Record Highs Following Encouraging Inflation Data

Stocks have moved mostly higher during trading on Wednesday, extending the upward move seen over the course of the previous session. The Nasdaq and the S&P 500 have climbed to new record intraday highs, although the narrower Dow has bucked the uptrend.

Currently, the Nasdaq and the S&P 500 are off their highs of the session but still firmly in positive territory. The Nasdaq is up 103.56 points or 0.5 percent at 21,983.04 and the S&P 500 is up 28.31 points or 0.4 percent at 6,540.92.

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by RTTNews Staff Writer

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