The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve's next monetary policy move.

The Dow Jones (DJIA) is in negative territory on Thursday following a disappointing Producer Price Index (PPI) update. PPI is an inflation measure

The Dow Jones Industrial Average, S&P 500 and the NASDAQ Composite indices hit record highs last week. The indices rose well for the second consecutive week and are showing good strength. The Dow Jones was up 1.74 per cent last week. The S&P 500 and NASDAQ Composite index rose 0.94 and 0.81 per cent respectively.

US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week that showed higher-than-expected wholesale inflation and a rise in July retail sales. A meeting between President Trump and Russian President Vladimir Putin was also in focus as traders looked for clues on how the outcome could steer markets.

The Dow Jones (DJIA) is less than 1.5% from surpassing its all-time high of 45,073.63 following the release of July’s Consumer Price Index (CPI).

PM Eastern Time, the S&P 500 slipped 0.2%, the Dow Jones Industrial Average rose 0.2%, and the Nasdaq Composite was down 0.3%.

Investors tend to watch the consumer-price index for insight into how prices are affected by inflation. And when investors are focused on inflation and changes in the Fed's rate policy, the CPI report has the potential to move markets.

Despite a strong open and a decent jobless claims release, equity markets are rejecting their higher levels. Click to read.

NASDAQ has also moved away from session highs amid profit-taking. Advanced Micro Devices, which was up by 5.4%, was among the biggest gainers in the NASDAQ index today. NASDAQ faced resistance near 23,950 and pulled back towards the 23,800 level. If NASDAQ settles below 23,800, it will get to the test of the nearest support at 23,700 – 23,800.

S&P Dow Jones Indices is in talks with exchanges, custodians, and DeFi platforms to license and list tokenized benchmarks, as global demand for digital assets accelerates.

T he Dow Jones Industrial Average held a modest gain Friday in mixed action among the major stock indexes. In the stock market today, health insurer UnitedHealth Group UNH surged more than 10% on news that the beaten-down name is a new buy for Warren Buffett.