U.S. stocks are holding near record highs today as investors weigh rising inflation, AI-driven tech gains, and mixed economic signals. The S&P 500 and Nasdaq are leading the rally, boosted by strong performances from Nvidia,

Nvidia NVDA and Microsoft MSFT headed up the blue chip index, with premarket gains of 3.2% and 1.4%, respectively. Microsoft shares are looking to extend a winning streak to three sessions, while Nvidia is poised to retake its key 50-day moving average.

The Dow, S&P 500, and Nasdaq hit records as the stock market weighed the latest CPI inflation report and jobless claims data.

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.

Wall Street coasted to the finish of its best week in the last five. The S&P 500 barely budged on Friday and edged down by less than 0.1% from its latest all-time high.

The consumer-price index for August is due this morning. Trump’s tariffs continue to affect the global economy. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.