The S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs Wednesday, driven by a benign inflation report that boosted risk sentiment among bullish investors.
The three major indices, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), the Invesco QQQ Trust (NASDAQ:QQQ) and the SPDR Dow Jones Industrial Average ETF (NYSE:DIA), have recorded nine positive sessions in the last 10.
Since April’s lows, the Nasdaq 100 has rallied 9.7%, while the S&P 500 has gained 7.2%.
The S&P 500 closed Wednesday’s session at 5,308 points and the Nasdaq 100 ended at 18,595. Blue-chip stocks in the Dow Jones Industrial Average also closed at all-time highs, reaching 38,908.
Chart of The Day: Wall Street’s Major Equity Indices Close At Record Highs
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