June 10 (UPI) -- U.S. markets rose Thursday, with the S&P 500 reaching a new closing high as investors disregarded a report signaling rising inflation.
The S&P 500 climbed 0.47% to a closing record of 4,239.18, after hitting an intraday record of 4,249.4974 earlier in the day. The Dow Jones Industrial Average rose 19.10 points, or 0.055%, while the Nasdaq Composite gained 0.77%.