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flag U.S. stocks reach record highs but fluctuate after higher-than-expected inflation report.

flag U.S. stocks hit new records on Wednesday, with the S&P 500 and Nasdaq Composite reaching all-time highs. flag The Dow Jones climbed to near its December 2021 peak. flag However, on Thursday, markets were mixed following a higher-than-expected inflation report, which reduced the likelihood of upcoming interest rate cuts. flag The S&P 500 slightly increased, while the Dow and Nasdaq fell. flag Global markets were mostly positive, especially in Asia, with major currencies strengthening against the U.S. dollar. flag Investors await further economic data for insights into the Federal Reserve's future actions.

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