Trump’s tariffs continue to affect the global economy. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.

U.S. stocks set another record closing on Thursday, with the Dow Jones (DJI) reaching the 46,000 level for the first time, after the consumer inflation report came higher on a monthly basis in August,

All three major U.S. equity benchmarks — the S&P 500, Nasdaq 100, and Dow Jones — surged to fresh record highs on Thursday, as investors piled into risk assets on growing bets that interest rates will soon fall.

Stocks hit record highs Thursday after August inflation data mostly matched expectations, reaffirming investors’ hopes that the Federal Reserve will cut interest rates in September.

Stocks on Wall Street rose toward a third consecutive day of records on the expectation of rate cut by the Federal Reserve.

On Thursday, the consumer price index is due, and Wall Street sees a 0.3% gain, accelerating from the 0.2% pace a month earlier.

US stock market futures moved higher on Thursday as the Dow Jones, S&P 500, and Nasdaq all traded in green before the release of the August CPI inflation data. Dow futures rose 76 points, while S&P 500 and Nasdaq futures added about 0.

No company worth over $500 billion has ever gained more than 25% in a single day. Oracle’s stock increased by far more than that on Wednesday.

Trump’s tariffs continue to affect the global economy. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.