S&P 500, Nasdaq touch record highs on cooling inflation data, Cisco earnings on tap: Yahoo Finance

Both the S&P 500 and the Nasdaq hit new intraday highs after the April Consumer Price Index report showed further signs that inflation is cooling. Consumer prices rose 3.4% from a year ago. Core CPI, which strips out more volatile food and energy prices, rose 3.6% year-over-year. Both pieces of data were in line with economists’ estimates. One stock investors are watching today is Cisco . The tech giant reports its fiscal third quarter results after the market close.

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A U.S. Department of Justice investigation into TD Bank was focused on how Chinese drug traffickers and crime groups used Canada's second-largest lender to launder their money from fentanyl sales, the Wall Street Journal reported earlier this month. Five members of the finance committee requested to discuss recent revelations regarding TD Bank and allegations of failing to report money laundering related to trafficking of fentanyl, the House of Commons committee said on Tuesday.

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S&P 500 tries to snap losing streak, Tesla slips as earnings loom: Yahoo FinanceAll three of the major indexes (^DJI, ^GSPC, ^IXIC) are trading higher, with the S&P 500 looking to snap a six-day losing streak. One of the biggest movers...
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Stock market: S&P 500, Nasdaq continue rebound from Q2 lowsThe S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are finding their groove as they close slightly higher for the third session in a row, shaking off pre...
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Stock market today: S&P 500, Nasdaq notch big gains as Tesla kicks off 'Magnificent 7' earningsThe wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
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Stock market today: S&P 500, Nasdaq notch big gains with Tesla earnings on deckThe wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
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Stocks: S&P 500, Nasdaq close lower for fifth-straight dayStock market indexes (^DJI, ^IXIC, ^GSPC) are a mixed bag with only the Dow Jones Industrial Average closing higher by a mere 0.06%. Thursday's session close...
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