Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data
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May 13, 2026 2:25 PM
NEW YORK (AP) — A rebound for technology stocks led Wall Street to records Wednesday, even though the majority of U.S. stocks fell following another discouraging update on inflation.
The S&P 500 rose 0.6% and topped its prior all-time high set at the start of the week. The Dow Jones Industrial Average dipped 67 points, or 0.1%, while the Nasdaq composite set its own record after climbing 1.2%.
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