Dow, S&P 500, Nasdaq: Optimismus an der Wall Street – S&P 500 erreichte Rekordhoch

A cautious optimism gripped Wall Street traders as inflation concerns softened. The major US indexes all closed in the black: The Dow Jones stayed almost unchanged at 53,840 points. The recent record-high from last week was 54,739 points. The broad S&P 500 rose by 0.7 percent to 7,799 points. The tech-heavy Nasdaq gained 0.8 percent to 26,803.

The Nasdaq 100, comprising the 100 largest non-financial companies listed on the Nasdaq US technology exchange, was up 1.2 percent at 30,085 points. Thursday's focus will be on US producer prices, which remained unchanged compared to last month, according to the Labor Ministry. Economists surveyed by Reuters had anticipated a 0.2 percentage point increase.

Producer prices serve as early signals for consumer price developments. Since US manufacturers did not raise their prices in July, this mitigates inflation concerns on the markets. Recent consumer prices also fell moderately, rising 3.4 percent year-over-year in July, up from 3.5 percent in June. "Investors had feared worse data beforehand, but the major negative surprise did not occur," said Jürgen Molnar, an analyst at Robomarkets.

The market mood is thus optimistic, not pessimistic. The US Federal Reserve aims for a 2 percent inflation rate. The Federal Reserve's law mandates two tasks – price stability and full employment. If inflation rises above the target rate, the Fed will use its primary tool – raising the benchmark interest rate.