S&P, Nasdaq End at Record Peaks on Strong Earnings

S&P, Nasdaq End at Record Peaks on Strong Earnings
A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, N.Y., on July 19, 2021. Andrew Kelly/Reuters
Reuters
Updated:

NEW YORK—Both the S&P 500 and the Nasdaq eked out record closing highs after a topsy-turvy Thursday on Wall Street, as investors focused on upbeat retail and technology earnings which outshone hawkish inflation comments from a Federal Reserve policymaker.

By contrast, the Dow continued to play the laggard, registering its third decline this week, as Cisco Systems Inc. weighed on the benchmark.