Wall St ends flat, S&P hits another closing high

The Dow closed 11.01 points, or 0.02%, down to 44,911.26, the S&P 500 gained 1.96 points, or 0.03%, to 6,468.54 and the Nasdaq lost 2.47 points, or 0.01%, to 21,710.67.

NEW YORK: Wall Street's main indices were mixed on Thursday with S&P 500 edging up to a closing high, while the Dow Jones and Nasdaq were flat, after a hotter-than-expected producer prices report dampened expectations of potential interest-rate cuts.

A Labor Department report showed producer prices increased the most in three years in July due to a surge in the costs of goods and services, suggesting a broad pickup in inflation was imminent.