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US: S&P 500, Nasdaq touch record highs after tame inflation data

By Kim Browne

US: S&P 500, Nasdaq touch record highs after tame inflation data

Published Fri, Jun 27, 2025 · 09:42 PM

The S&P 500 and the Nasdaq opened at record highs on Friday (Jun 27) as a benign inflation report supported hopes for a dovish policy outlook from the US Federal Reserve this year.

The Dow Jones Industrial Average rose 118.8 points, or 0.27 per cent, at the open to 43,505.6.

The S&P 500 rose 9.7 points, or 0.16 per cent, at the open to 6,150.7​, while the Nasdaq Composite rose 49.4 points, or 0.24 per cent, to 20,217.264 at the opening bell. REUTERS

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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Vanity Fair Fashion.

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