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Associated Press100d agoneutral
How major US stock indexes fared Wednesday 5/13/2026

A rebound for technology stocks led Wall Street to records, even though the majority of U.S. stocks fell following another discouraging update on inflation. The Dow Jones Industrial Average dipped 0.1%, and the Nasdaq composite climbed 1.2% to its own record. Nvidia and other tech stocks led the way, a day after stumbling in an industrywide swoon.

Stocks Rally While Inflation Takes 30-year Yield to 5%
Barrons.com100d agobullish
Stocks Rally While Inflation Takes 30-year Yield to 5%

Wall Street was split on Wednesday, with stocks charging higher while Treasuries sold off following another poor auction that saw the 30-year Treasury yield reach 5%. The Dow fell 0.1%. Stocks gained despite a high inflation reading: Wholesale energy prices climbed 7.8% in April from March.

S&P 500 and Nasdaq Hit Intraday Highs
Barrons.com100d agoneutral
S&P 500 and Nasdaq Hit Intraday Highs

The S&P and Nasdaq notched new intraday highs Wednesday as tech stocks pushed the market higher. The S&P 500 was up 0.8%, topping a previous intraday high of 7428.97. The Nasdaq was up 1.5%, beating its intraday high of 26,359.31.

S&P 500, Nasdaq Head Back to Record Levels
Barrons.com100d agoneutral
S&P 500, Nasdaq Head Back to Record Levels

Stocks are steadily inching back toward record levels. The Dow was down 237 points or 0.5%, but the S&P 500 and Nasdaq were up 0.3% and 0.9% respectively, on pace for new closing highs. It would mark the S&P 500's 17th record close for 2026 and the 13th for the Nasdaq.