S&P 500 closed at a record 7,798.99 on Thursday (+0.65%), even touching an intraday all-time high of 7,816.70. That's its 27th record close this year. Nasdaq climbed 0.8%, Dow added 0.1%. Cooler than expected PPI data eased worries about a September rate hike, building on Wednesday's soft CPI print. Key movers: 📈 Workday +21% on report of possible Silver Lake takeover talks 📉 Cisco & Cerebras tanked post-earnings 🛢️ Oil slipped as Trump shifts from military to economic pressure on Iran 🥇 Gold stalled near its 200-day moving average (~$4,484) 🇰🇷 Korea's Kospi up ~22% in 10 days on AI chip rally Jobless claims ticked up to 209K, though continuing claims fell. BofA also flagged that AI driven gains in IT prices are keeping inflation a bit sticky, even as the broader picture cools.(Lark Davis)