The Dow rose 137.89 points, or 0.33%, to 42,313.00, the S&P 500 lost 7.20 points, or 0.13%, to 5,738.17 and the Nasdaq lost 70.70 points, or 0.39%, to 18,119.59.
NEW YORK: The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more Federal Reserve rate cuts, which also boosted small-cap stocks and enabled Wall Street's three main indices to post weekly gains.
The technology-heavy Nasdaq slipped for the day while the S&P 500 edged slightly lower, but both indices stayed close to recent record highs.
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