NEW YORK: The Dow Jones Industrial Average touched its 2023 peak, but the S&P 500 and the Nasdaq lagged as investors approached the finish line of a banner month for stocks and viewed cooling inflation data through the lens of Federal Reserve monetary policy.
The Dow was the clear outperformer, breaching its 2023 intraday high with a solid boost from Salesforce on the heels of its consensus-beating earnings report.
